Which of the following best describes the goal of financial management? Select one: a. Maximisation of...

Which of the following best describes the goal of financial management?

Select one:

a. Maximisation of shareholder wealth

b. Maximisation of profit

c. Minimisation of risk

d. Preparation of financial reports

Solutions

Expert Solution

Option a

The main goal of financial management is to increase the share value of a stock, which eventually increases the wealth of the share holders.

Rahul Sunny answered 1 year ago

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