QUESTION 1 Which best describes the goal of the firm? Maximizing sales Maximizing assets O Maximizing shareholder wealth Maximizing book value QUESTION 2 In an efficient market, prices lag in response to new information reflect new information O reflect insider information ignore new information QUESTION 3 Walmart and Target each have the same amount of assets and net income. Walmart has greater revenue (also known as sales) than Target. Which firm will have the higher net profit margin? O Target O Walmart O Net profit margin will be the same for Target and Walmart O There is not enough information to tell