Question
Answer the following true or false: 1.Funds raised through proper financial management should never be invested in assets such as food and beverage inventories 2.A
Answer the following true or false:
1.Funds raised through proper financial management should never be invested in assets such as food and beverage inventories
2.A definition of financial management is that it is concerned with the mix of inflow sources and mix of outflow uses of funds Profit maximization, as a financial goal of a business, will always lead to maximization of stockholder wealth
3.Profit maximization as a financial goal means making the most amount of money in the shortest possible time.
4.Maximization of percentage return on investment is a variation of the profit maximization financial goal. 1.
5.With maximization of percentage return on investment, no investment is made if the return is less than the cost of financing.
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