Which of the following is the primary objective of financial management?
Maximizing shareholders' wealth is the primary objective of financial management. It incorporates the value of expected cash flows, their timing and their risk, whereas…
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Which of the following is the primary objective of financial management?
Answer and explanation
Correct answer D
Maximizing shareholders' wealth is the primary objective of financial management. It incorporates the value of expected cash flows, their timing and their risk, whereas profit and sales alone provide narrower measures.
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Karnataka SET (KSET)