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What is a bad debt

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Reference no: EM132576277

Question -

a) What is a bad debt? How businesses can prevent bad debts? Is the impact of bad debts harmful? Discuss how businesses can use the annual reports to minimize the bad debts?

b) When a company report a net loss, can the company still pay dividends to its shareholders? Discuss how the company can still pay dividends and the implications towards that company.

Reference no: EM132576277

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