The primary goal of the financial manager of a profit-seeking organization is to

2 answers:

Colt1911 [192]3 years ago

8 0

The primary goal of the financial manager of a profit-seeking organization is to make profits. This will keep the company in a great market position.

max2010maxim [7]3 years ago

8 0

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:

Over the long run, financial management combines many approaches to add value to the business. This could be accomplished by sustainably generating revenue and increasing the valuation per share of the stock of the company which boosts the value of the business in the market as a whole. <em>One of the most important financial management priorities is to increase the wealth of the stakeholders.</em>

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