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a) The goal of the firm is to create value for the firm's owners (that is, its shareholders). Thus, the actual goal is to maximize
a) "The goal of the firm is to create value for the firm's owners (that is, its shareholders). Thus, the actual goal is to "maximize shareholder wealth" by maximizing the price of the existing common stock". However, in some situation management may make decisions that are not consistent with the goal. For instance, management decided that the profit for this year reinvested in the company. Based on the situation, briefly explain which principles of finance that the management violated. b) Differentiate the different between money market and capital market. Then determine whether Foreign Currency Exchange included in both market or not. a) Madam Rose started the Golden Roses Enterprise on January 2020. Below is the information provided by Madam Roses. Please help Madam Rose to prepare the Income Statement and Balance Sheets for Golden Roses Enterprise. *(Not include Current Month Profit)
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