Which of the following statements are true about the goal of managers? I. Managers should maximize the wealth of the owners II. Managers should maximize the price of the stock Ill. Managers should only take actions that are expected to increase the share price IV. Managers must be able to apply sustainable development growth for the firm to last long. a. I I Ill and IV b. I ll, and Ill only c. I and Il only d. land Ill only
Which of the following statements are true about the goal of managers? I. Managers should maximize the wealth of the owners II. Managers should maximize the price of the stock Ill. Managers should only take actions that are expected to increase the share price IV. Managers must be able to apply sustainable development growth for the firm to last long. a. I I Ill and IV b. I ll, and Ill only c. I and Il only d. land Ill only
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 8QTD
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Which of the following statements are true about the goal of managers?
I. Managers should maximize the wealth of the owners
II. Managers should maximize the price of the stock
Ill. Managers should only take actions that are expected to increase the share price
IV. Managers must be able to apply sustainable development growth for the firm to last long.
a. I I Ill and IV
b. I ll, and Ill only
c. I and Il only
d. land Ill only
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