FIN 370 Course Great Wisdom / tutorialrank.com FIN 370 Course Great Wisdom / tutorialrank.com | Page 6

Free cash flow Sunk cash flow Which of these does NOT perform vital functions to securities markets of all sorts by channeling funds from those with surplus funds to those with shortages of funds? Secondary markets Mutual funds Insurance companies Commercial banks Will’s Wheels, Inc. reported a debt-to-equity ratio of 0.65 times at the end of 2013. If the firm’s total debt at year-end was $5 million, how much equity does Will’s Wheels have? $7.69 million $5 million $0.65 million $3.25 million Which of these is the term for portfolios with the highest return possible for each risk level? Total portfolios Modern portfolios Optimal portfolios