Answered: What is the primary goal of financial…

What is the primary goal of financial management in a corporation? A. Maximizing sales revenue B. Minimizing expenses C. Maximizing shareholder wealth D. Maximizing employee satisfaction

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter1: The Role And Objective Of Financial Management

Section: Chapter Questions

Problem 17QTD

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What is the primary goal of financial management in a corporation?
A. Maximizing sales revenue
B. Minimizing expenses
C. Maximizing shareholder wealth
D. Maximizing employee satisfaction

Approach to decide on the efficient procurement and investment of funds for the day-to-day operations of a business. Financial management aims at profit maximization, and it includes financing and capital budgeting.

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