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7 months ago

Profit maximization fails to provide an appropriate goal for financial managers because.

1 answer:

8 0

Profit maximization fails to provide an appropriate goal for financial managers because it lacks a time dimension it ignores risk.

Profit maximization is the primary intention of any business, and consequently it's also an goal of monetary management. In monetary control, it represents the procedure or the technique by which income incomes consistent with percentage (EPS) is improved.

It enables in attaining the gadgets to maximize the business operation for earnings maximization. The ultimate goal of any commercial enterprise is to earn a large quantity of go back in terms of earnings. for this reason, this goal of financial control considers all the viable approaches to boom the profitability of the enterprise situation.

The wealth maximization approach aims at maximizing the wealth of the shareholders by growing EPS. Means that the wealth maximization technique is considered better than earnings maximization because wealth maximization technique makes a speciality of the lengthy-term boom and development of an corporation.

Learn more about Profit maximization here: brainly.com/question/13464288

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Setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determ

Kobotan [32]

Answer:

produce a profit

Explanation:

<u>Price</u> refers to the amount of money that is paid by one party to another to acquire a particular commodity or in return for unit of commodities. Some of the factors that determines the price of a commodity include cost of production, product demand, product supply, targeted profit, and among others.

A <u>profit</u> is the amount earned from selling a commodity minus the amount expended to purchase, operate, or produce the commodity.

The primary aim of an entrepreneur is to make a profit, and price setting is one of the important activities that influences a profit. Since the higher the price, the higher may be the profit. However, a higher price may also dicourage customers from buying a product and then reduces profit.

Therefore, setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determine prices for their goods and services that will draw customers and <u>produce a profit</u>.

3 0

3 years ago

Personal communications about a product between target buyers and neighbors, friends, family members, associates, and other cons

Degger [83]

Answer:

E) word-of-mouth influence

Explanation:

3 0

3 years ago

Of these three Airlines which one is best American Airlines, United Airlines, or Delta Airlines? Please do not just answer this

Norma-Jean [14]

Deltas pretty good. That what I would choose.

7 0

3 years ago

Read 2 more answers

Edinburgh Exports pays an annual dividend rate of 8.00% on its preferred stock that currently returns 10.72% and has a par value

Elena-2011 [213]

Answer:

The value of Edinburgh’s preferred stock is $74.63

Explanation:

Preferred dividend are the fix amount payment which represents the perpetuity, the company can repurchase the preferred share as it is callable.

Dividend = $100 x 8% = $8

Price of Preferred Share = Dividend / Rate of return

Price of Preferred Share = $8 / 10.72%

Price of Preferred Share = $8 / 0.1072

Price of Preferred Share = $74.63

3 0

3 years ago

As a CA employer, in terms of record retention, what three types of records do I need to pay special attention to? Group of answ

ra1l [238]

CA Employers need to pay attention to the following records:

Safety and toxin/chemical exposure records, including safety data sheets: keep for 30 years.
Pension and welfare plan information: keep for six years.
First-aid records of job injuries causing loss of work: keep for five years.

<h3>Which records need to be kept by CA employers?</h3>

The state of California requires that employers in the state should keep certain records.

Pension and welfare records should be kept for 6 years while first-aid records should be kept for 5 years.

Safety and chemical records are placed a high value on and should be kept for 30 years.

Find out more on California employer requirements at brainly.com/question/26463698.

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8 0

1 year ago