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16 Why is the study of managerial finance important to your professional life regardless of the specific area of responsibility you may have within the
16 Why is the study of managerial finance important to your professional life regardless of the specific area of responsibility you may have within the business firm? Why is it important to your personal life?
REVIEW QUESTIONS
17 What is the goal of the firm and, therefore, of all managers and
employees? Discuss how one measures achievement of this goal.
18 For what three basic reasons is profit maximization inconsistent with
wealth maximization?
16 Why is the study of managerial finance important to your professional life regardless of the specific area of responsibility you may have within the business firm? Why is it important to your personal life?
REVIEW QUESTIONS
17 What is the goal of the firm and, therefore, of all managers and
employees? Discuss how one measures achievement of this goal.
18 For what three basic reasons is profit maximization inconsistent with
wealth maximization?
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