Dear Sir,

Can I have your help to know more about this question? Thanks!

Explain and elaborate on the following axioms of finance:

1.Risk - return trade-off

2.Time value of money

3.Cash is king

4.Incremental cash flows

5.The agency problem

6.Taxes bias business decisions

7.All risk is not equal

8.Ethical dilemmas are everywhere in finance

What is meant by the phrase: "Although it is not necessary to understand finance in order to

understandtheseaxioms,itisnecessary tounderstandtheseaxiomsinordertounderstand

finance"?