BCS Written Finance Practice Questions - BCS Written Post-Related Finance, Subject Code 711, Total Marks 200 Exam

The generally preferred goal of the financial manager is to:

Maximise this year's reported accounting profit only Maximise the market value of owners' equity (shareholder wealth) Keep the cash balance as large as possible in perpetuity Minimise the firm's tax bill even if value is destroyed

Correct Answer:

Maximise the market value of owners' equity (shareholder wealth)

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