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? 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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