Which one of the following best matches the primary goal of financial management?

A. Increasing the dollar amount of each sale

B. Increasing traffic flow within the firm's stores

C. Transforming fixed costs into variable costs

D. Increasing the firm's liquidity

E. Increasing the market value of firm

Expert Solution

Financial Management is the function performed by a financial manager and involves planning, organizing, directing and controlling the financial activities of a firm in order to maximize the value of the firm for the stockholders

So, as per above definition, the main objective of financial management is to maximize the market value of the firm and so option E is the correct option

jeff jeffy answered 2 years ago

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Question

Which one of the following best matches the primary goal of financial management?

Solutions

Expert Solution

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