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The primary goal of the financial management is ____________.
Answer & Solution
Correct Answer:
Option
C
The primary goal of the financial management is to maximize the wealth of owners. All businesses aim to maximize their profits, minimize their expenses and maximize their market share.
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LoginFinancial Management is one of the areas of finance which deals with the management of all the financial resources of the organization for the smooth functioning of the organization goals. Financial Management has mainly two goals. They are
• Profit maximization and
• Value maximization (Shareholder wealth maximization)
Fore more Check out this;
Goals of Financial Management