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

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
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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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