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Which of the following is true. The firm's ultimate financial goal is to maximize its net income because this increases the earnings per share of the shareholder. O The firm's ultimate financial goal is to maximize its free cash flows because this drives the value of the firm. The firm's ultimate financial goal is to maximize its revenues because this means more income for the shareholders. O The firm's ultimate financial goal is to increa se its customer base to increase its market share.

Which of the following is true. The firm's ultimate financial goal is to maximize its net income because this increases the earnings per share of the shareholder. O The firm's ultimate financial goal is to maximize its free cash flows because this drives the value of the firm. The firm's ultimate financial goal is to maximize its revenues because this means more income for the shareholders. O The firm's ultimate financial goal is to increa se its customer base to increase its market share.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following is true. The firm's ultimate financial goal is to maximize its net income because this increases the earnings per share of the shareholder. O The firm's ultimate financial goal is to maximize its free cash flows because this drives the value of the firm. The firm's ultimate financial goal is to maximize its revenues because this means more income for the shareholders. O The firm's ultimate financial goal is to increase its customer base to increase its market share.
Transcribed Image Text:Which of the following is true. The firm's ultimate financial goal is to maximize its net income because this increases the earnings per share of the shareholder. O The firm's ultimate financial goal is to maximize its free cash flows because this drives the value of the firm. The firm's ultimate financial goal is to maximize its revenues because this means more income for the shareholders. O The firm's ultimate financial goal is to increase its customer base to increase its market share.
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