Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:CIPLES OF FINANCIAL MANAGEMEN
My courses / PRINCIPLES OF FINANCIAL MANAGEMENT 1-Lecture-1201 - 5 / QUIZ 1
Profit maximization as the goal of the firm is not ideal because
Select one:
O a. profit maximization does not consider risk
O b. profits are only accounting measures
O c. cash flows are more representative of financial strength
O d. profits today are less desirable than profits earned in future years
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