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(a) It is argued that the key objectives of the Financial Management are profit maximization and stakeholders' wealth Maximization. Examine the validity of the statement

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(a) It is argued that "the key objectives of the Financial Management are profit maximization and stakeholders' wealth Maximization". Examine the validity of the statement in the context of a private business organization (You are required to discuss as to how the above objectives are important and relevant from a private business organization perspective with appropriate examples) (1500 words). (40 Marks) (b) Financial managers are responsible for the financial health of an organization. Identify and explain the roles of the Financial Manager in the context of a State Owned Public Enterprise (1000 words). (30 Marks) (c) Select a Statement of Financial Position (Balance Sheet) of a public or private organization at your choice and write an Executive Summary" on the financial position of the organization that you have selected. (It is compulsory to attach a copy of the statement of financial position, you have selected to answer this Question. If not attached, this question shall not be considered for marking) (1000 words) (30 Marks) *****

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