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1. Finance indicates that the primary goal of a publicly-owned firm interested in serving its stockholders should be to: maximize expected profit. maximize expected earnings
1. Finance indicates that the primary goal of a publicly-owned firm interested in serving its stockholders should be to:
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maximize expected profit.
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maximize expected earnings per share.
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minimize the chances of losses.
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maximize shareholder wealth (or maximize stock price).
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2. Which of the following are basic financial reports included in the annual report?
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balance sheet
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income statement
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statement of retained earnings
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statement of cash flows
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all of the above
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