Question 1: Discuss 12 principles of foundational corporate finance.
Question 2: Compare and contrast accounting net income and cash flows.
Question 3: Compare and contrast the market value of an asset or liability from the book value.
Question 4: With respect to those projects with higher individual IRR's, how does this impact the outcome of their financing decisions? What is the relationship of risk associated with a higher IRR? How does this relationship reflect the 'Risk-Return Trade-Off' principle?