Question

In: Finance

Which one of the following actions by a financial manager best meets the goal of financial...

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

Solutions

Expert Solution

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.


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