Q142
The long-run objective of financial management is to________.
A.
maximize earnings per share
B.
maximize the value of the firm's common stock
AnswerC.
maximize return on investment
D.
maximize market share
Answer: Option B
Solution
Answer: Option B
Solution:
The long-run objective of financial management is to maximize the value of the firm's common stock. Financial Management is the application of general principles of management to the financial possessions of an enterprise.