Question 6 (20 marks) A company hired you as a Financial Consultant, to help in the strategic direction of the firm. Assume that the company was incorporated as a C corporation that earned $8.8 per share before it paid any taxes. Also assume that the company retained $2 of after-tax earnings for reinvestment and distributed what remained in dividend payments. If the corporate tax rate was 35% and dividend earnings were taxed at 10%. Required a) What are the three main tasks of a financial manager? (3 marks) b) Discuss the financial cycle. (2 marks) c) What is the role of the financial Institution? (2 marks) d) Give two examples of a financial market. (1 marks) e) Define the following types of organizations; a Corporation, Limited Liability Company, partnership and a sole proprietorship? (4 marks) f) What is the main difference between a sole proprietorship and a limited liability company? (2 mark) g) Explain the difference between S and C Corporation. (2 mark) h) What was the value of the dividend earnings received after-tax by a holder of 5,000 shares of the firm? (4 marks)