Total value of firm's assets Total value of the firm to investors in the financial markets 1 A. Firm issues securities F. Dividends and debt payments Financial markets B. Firm invests in assets 2 E. Reinvested Current assets Fixed assets cash flows C. Cash flow from firm's assets Short-term debt Long-term debt Equity shares 4 3 D. Government Other stakeholders (If needed, click on the image to enlarge) In the chart above, $$$ flowing to the Firm when it sells stocks and bonds is represented by arrow number: O 1 O2 03 04 O neither