Q1. a. What qualifications are required for the CFO of a company? Explain briefly. b. Is it possible for a company to pay dividends when it has a negative net income for the year? Could this happen in the long run? Explain briefly. Q2. a. Explain briefly. Why a corporation is superior to the other legal forms of business organizations? b. The senior executive managers are talking about the following finance scope that can be summarized through three points. Each one plays an essential role in the long term financial health of the company. These indude: how much capital do we need in the long run? How are we going to get the capital we need? Let's use our capital to generate cash flow through investments? Indicate the related concepts in corporate finance they are talking about and explain briefly! Q3. The selected ratios of the two companies are given below. Compare the performance of two companies from the standpoint of capital market investors. Food&Beverages Techno. Co. Current Ratio Total Debt Ratio Times Interest Earned Total Asset Tumover P/E ratio 1.15 0.45 5 1.10 4 1.50 0.40 40 0.8 42