Problem 1. Define and Discuss the relationship between business risk, financial risk, and beta (systematic or market risk).
Problem 2. Explain why certain shareholders would have a preference on receiving dividends and on the amount of the dividend. If you were a shareholder of Apple, what would you prefer: dividends or stock appreciation? Please explain your reasons.
Problem 3. Discuss the optimal amount of accounts receivables relative to the cost and benefits. Please explain how important the accounts receivables are for a company and most importantly, how much do you think a company must have on accounts receivables?
Problem 4. Compare and contrast the impact of supply chain management on working capital needs. Please explain why supply chain management is important for a company and how it can increase the cash needs of the company.