Group of answer choices:
A) Increase earnings
B) Maximizing cash flow
C) Maximizing shareholder wealth
D) Minimizing risk of the firm
Answer:
The correct answer is letter "C": Maximizing shareholder wealth.
Explanation:
Financial management combines a range of approaches to add value to the business in the long term. That could be accomplished by sustainably producing sales and increasing the profit per share of the company's stock, which raises the market value of the business as a whole. One of the most critical goals of financial management is to increase the wealth of the stakeholders.
