Question

Financial objectives ________.a. relate to target outcomes that indicate a company is strengthening its market standing, competitive vitality, and future business prospects. b. indicate to employees whether the emphasis should be on earnings per share or return on investment, or return on assets or positive cash flow.c. strike the balance to strategic objectives because both are important for the company's long-term success. d. convince shareholders that top management is acting in their interests. e. are necessary to set and to achieve because adequate profitability and financial strength increases a company's long-term health.

Answer 1

Answer:

The correct answer is letter "E": are necessary to set and to achieve because adequate profitability and financial strength increases a company's long-term health.

Explanation:

A company's financial objectives reflect the revenue the firm wants to earn out of the sale of goods or services. Organizations must meet those goals to ensure their operations will remain up and running. Otherwise, the association will have to look for other methods for financing their manufacturing processes and innovation which is likely leading them to ask for loans, thus, acquiring debt.