Answered: What is the primary goal of financial…

What is the primary goal of financial management?A) Maximizing profitsB) Maximizing shareholder wealthC) Minimizing costsD) Ensuring liquidityhelp.

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter3: Organizing And Financing A New Venture

Section3.5: Seed, Startup, And First-round Financing Sources

Problem 1CC

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Question

What is the primary goal of financial management?
A) Maximizing profits
B) Maximizing shareholder wealth
C) Minimizing costs
D) Ensuring liquidity
help.

Approach to decide on the efficient procurement and investment of funds for the day-to-day operations of a business. Financial management aims at profit maximization, and it includes financing and capital budgeting.

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