In: Finance
Which one of the following actions by a financial manager best meets the goal of financial management?
a) deciding a firm should be 100% equity financed
b)delaying cash payments to increase the total csh on hand
c) Issuing additional shares of stocks to increase the total cash on hand
d)accepting a project that enhances the current market value of the firms stoc k
e)none of the above
Answer: - Option D:- accepting a project that enhances the current market value of the firms stock
(Explanation:- The main goal of financial management is to increase shareholders' wealth and the option of accepting a project that enhances the current market value of the firms stock, best describes this goal.