Question $2$:

$($a$)$ Company A is hesitating to issue either cash or stock dividends to their shareholders. As the Chief Financial Officer $($CFO$)$ of the company, critically evaluate the reasons of issuing these two types of dividends based on the circumstances of the company in bull and bear markets $(25$ marks$)$

$($b$)$ With the emergence of COVID$-19,$ most industries are experiencing a disruption in business that has caused a dramatic decrease in revenue and net profit.

As a finance manger of a Top$30$ public listed company, which operates in healthcare, automotive and F&B$.$ Critically evaluate your cash flow management during COVID$-19$ to assist the company to sustain in pandemic. $(25$ marks$)$