Please provide detailed and elaborate responses to the following questions. Your responses should include examples from the reading assignments, if possible. Please ensure that your responses are about 1 to 2 paragraphs in length.
1. Describe the different ways in which capital can be transferred from suppliers of capital to those who are demanding capital.
2. What types of changes have financial markets experienced during the last two decades? Have they been perceived as positive or negative changes? Explain.
3. Differentiate between dealer markets and stock markets that have a physical location.
4. What is free cash flow? If you were an investor, why might you be more interested in free cash flow than net income?
5. Would it be possible for a company to report negative free cash flow and still be highly valued by investors; that is, could a negative free cash flow ever be viewed optimistically by investors? Explain your answer.
6. What does double taxation of corporate income mean? Could income ever be subject to triple taxation? Explain your answer.