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18. The goal of financial management is to: A. maximize net income. B. maximize shareholder wealth....

18. The goal of financial management is to:

A. maximize net income.

B. maximize shareholder wealth.

C. maximize working capital.

D. minimize costs.

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Answer #1

The ultimate aim, object or goal of the financial management is to maximize shareholder wealth. all others including minimization of cost, Maximize net income, effctive utilization of the fund etc. are theway to acheive its prime object of wealth maximization of shareholders' wealth.

So the most correct answer is option B

Please rate the answer maximum if you get the answer and satisfied. If you remains any doubts on this answer, please leave a comment and it will be cleared.

Thank you,….

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