Which of the following statements is CORRECT? Select one:

a. Interest Expense paid by a corporation is a tax deductible expense, but Dividends paid do not have a tax deductible feature. This treatment tends to encourage the use of debt financing by corporations. b. Dividends paid are always recorded under the Investing Activities on the Statement of cash flows. c. In finance, we are generally more interested in accounting profits than in cash flows. d. In finance, we are generally more interested in net profits than cash flows.