Question
1. A survey of Fortune 500 companies' executives said the following goal were most important to their firms: Maximization of the percent return on total
1. A survey of Fortune 500 companies' executives said the following goal were most important to their firms:
Maximization of the percent return on total asset investment
Achievement of a desired growth rate in earnings per share
Maximization of aggregate dollar earnings
How do these goals promote the maximization of shareholder wealth?
2. What is a firm's responsibility to society regarding corporate citizenship, ethics and shareholder wealth?
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Cornerstones of Financial Accounting
Authors: Jay Rich, Jeff Jones
4th edition
978-1337690881, 9781337669450, 1337690880, 1337690899, 1337669458, 978-1337690898
