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. One of the most important financial management priorities is to increase the wealth of the stakeholders.

You might be interested in

Wagner Enterprises and Stone Services both disposed of an old asset. When completing the journal entry, Wagner Enterprises inclu

In-s [12.5K]

Answer:

Wagner Enterprises and Stone Services

Disposal of old asset:

It could be that Stone Services exchanged its old asset with a new one with a company. In that situation, the debit goes to New Equipment, while the credit is to the old Equipment. Another reason could be that Stone Services sold the old asset on account. In this situation, the debit goes to the Accounts Receivable account, while the old asset is credited accordingly.

Explanation:

When a company disposes of an old asset, it credits the asset account and transfers the amount to the Sale of Asset account. The same is done for the accumulated depreciation, in reverse. When cash is realized from the disposal, the Sale of Asset account is credited, while Cash account is debited. Then, the difference in the Sale of Asset account will be a gain or a loss, depending on the net book value and the cash realized from the sale.

3 0

3 years ago

Which of the following types of insurance do businesses frequently offer as part

aev [14]

Answer:

i think is B correct me if i wrong

8 0

2 years ago

Read 2 more answers

A school band performs a spring concert for a crowd of 600 people. the revenue for the concert is $3150. there are 150 more adul

Alla [95]

In this item, we let the number of tickets sold to the adults as x. With this, we can let the number of tickets sold to students with y.

In this item, we are given that the sum of the number of students and adults is equal to 600. Further, we are also given that the difference is 150. The system of linear equation that would allow us to solve this item is,

x + y = 600
x - y = 150

Adding up the two equations will give us,
2x = 750
Dividing by 2,
x = 375

Substituting this value to the first equation,
375 + y = 600
y = 225

Therefore, there are 375 and 225 number of tickets sold to adults and students, respectively.

4 0

3 years ago

On January 1, 2016, Brian's stock portfolio is worth $100,000. On September 30, 2016, $5,000 is withdrawn from the portfolio, an

defon

Answer:

1.93%

Explanation:

The time weighted rate of return will be computed by combining the return at every time period demarcated by a withdrawal/addition.

Time 1: Jan 1, 2016 to Sep 30, 2016

start value = 100,000; end value = (105,000+5,000) = 110,000

Return = $\frac{110,000}{100,000}=1.1$