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Principles of Finance Maximization of shareholder wealth as a goal is superior to accounting profit maximization because Question 12 Not yet answered Marked out of

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Principles of Finance Maximization of shareholder wealth as a goal is superior to accounting profit maximization because Question 12 Not yet answered Marked out of 1.00 P ag guestion Select one: a. it considers the time value of the money. ob following the shareholder wealth maximization goal will ensure high stock prices. C. A and C. d. accounting profits are not the same as cash flows. Managers are considered to be "agents" of the firm's owners because Select one: a. they put shareholder interests above concern for social responsibility b. they themselves are usually the largest shareholders in the firm c. they have been delegated authority to manage the firm d. they always act in the best interests of the owners

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