Question
Identify two problems of having profit maximization as the goal of an organisation. Explain why in finance, cash flows rather than accounting profits are considered
Identify two problems of having profit maximization as the goal of an organisation.
Explain why in finance, cash flows rather than accounting profits are considered in determining the value of an asset
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Public Finance In Canada
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
5th Canadian Edition
1259030776, 978-1259030772
