Question: A) Why do firms issue stock dividends or split their stock? B) What is the difference between a regular dividend and a liquidating dividend? C)

 A) Why do firms issue stock dividends or split their stock?

A) Why do firms issue stock dividends or split their stock? B) What is the difference between a regular dividend and a liquidating dividend? C) Can a firm's cash cycle be longer than a firm's operating cycle? D) How does seasonality lead to short-term financing needs? (Explain)

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