1. Compare and contrast the different dividend theories. Define and discuss the factors that firms must consider in the selection and implementation of their dividend policy.  Also, talk about the mechanics of when a dividend is declared and paid, and its potential impact on value.

Dividend is the payment that a company made to its stockholders from the firm's earnings be generated either in the current period or in previous periods.

2. Define and discuss, including their relative strengths and weaknesses, of the NPV, IRR and Payback methods of evaluating capital projects.

3. Define (1) what is the Cash Conversion Cycle and (2) how the Cash Conversion Cycle is calculated. Also, define how it is calculated, by component. Identify ways, by component, that an organization can improve its Cash Conversion Cycle.