Answered: Which of the following represents the…

Which of the following represents the primary goal of financial management?A) Maximizing profitsB) Minimizing costsC) Maximizing shareholder wealthD) Maximizing market share

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section: Chapter Questions

Problem 8QTD

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Question

Which of the following represents the primary goal of financial management?
A) Maximizing profits
B) Minimizing costs
C) Maximizing shareholder wealth
D) Maximizing market share

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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