What is the primary goal of financial management? Select one: a. Increased earnings b. Maximizing cash...

What is the primary goal of financial management?

Select one:

a. Increased earnings

b. Maximizing cash flow

c. Maximizing shareholder wealth

d. Minimizing risk of the firm

Expert Solution

c. Maximizing shareholder wealth

A primary goal of financial management is to maximize the shareholders wealth by maximizing current market price of share. They achieve this investing in bettter projects, reducing costs etc.

jeff jeffy answered 2 years ago

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Question

What is the primary goal of financial management? Select one: a. Increased earnings b. Maximizing cash...

Solutions

Expert Solution

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