Question

18. The goal of financial management is to:

A. maximize net income.

B. maximize shareholder wealth.

C. maximize working capital.

D. minimize costs.

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

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