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Question 7 (15 marks, please write between 300-500 words.) a) From the firm's perspective, how are dividends different from interest payments? b) When a firm's
Question 7 (15 marks, please write between 300-500 words.) a) From the firm's perspective, how are dividends different from interest payments? b) When a firm's accounts receivable balance increases from one period to the next, the firm has experienced a use of cash. How is it that an increase in an asset, such as accounts receivable, represents a use of cash? c) The cash flow statement is one of the four basic financial statements. Define the objective in preparing this statement and discuss some of the types of questions that can be addressed using its content
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