"Shareholder wealth" in a firm is represented by:

a)The number of people employed in the firm.

b)The book value of the firm's assets less the book value of its liabilities.

c)The amount of salary paid to its employees.

d)The market price per share of the firm's common stock.

The long-run objective of financial management is to:

a)Maximise earnings per share.

b)Maximise the value of the firm's common stock.

c)Maximise return on investment.

d)Maximise market share.