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Maximization of shareholder wealth as a goal is superior toprofit maximization b

ID: 2661627 • Letter: M

Question

Maximization of shareholder wealth as a goal is superior toprofit maximization because:
a. it considers the time value of the money b. it considers the time value of money and factors inuncertainty c. it ensures high stock prices d. it considers social benefits Maximization of shareholder wealth as a goal is superior toprofit maximization because:
a. it considers the time value of the money b. it considers the time value of money and factors inuncertainty c. it ensures high stock prices d. it considers social benefits

Explanation / Answer

Maximization of Shareholder wealth as a goal is superior toprofit maximization because: (b) It considers the timevalue of money and factors in uncertainty.