– Explain the goals of the firm, how corporate governance will be structured, and the role of ethics in your company.2 – Discuss the impact of business taxes and their importance in financial decision-making. How do you determine acceptable cash flows? What are some of the things you would consider when making expansion versus replacement decisions?3 – What financial ratios will you employ to keep track of your progress?4 – What do the following terms mean to your company: Risk, return, and risk preference? How do you assess and measure risk, return and standard deviations?5 – Consider the cost of long-term debt and the cost of preferred stock. Define the weighted average cost of capital (WACC) and discuss alternative weighting schemes.6 – Discuss short term financial management, net working capital and the related tradeoff between the two. What are the basic types of unsecured bank sources of short-term loans? What are the characteristics of secured short-term loans? Describe the various ways in which inventory can be used as short-term loan collateral.7 – Finally, sum it all up by telling us why your particular company will, or will not, succeed.