FIN 370 Final Exam Homework | Page 4

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 ​Efficient portfolios
What are the tools available for the manager in financial planning?
Delaying disbursement of cash, reducing collection period, cash management, and Increasing inventory turnover
​Reducing collection period and delaying disbursement of cash ​Increasing inventory turnover and reducing collection period ​Delaying disbursement of cash and cash management