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The goal of financial management is: (select all that apply) Question 1 options: A) To increase sales B) To maximize profits C) To increase stock

The goal of financial management is: (select all that apply)

Question 1 options:

A)

To increase sales

B)

To maximize profits

C)

To increase stock price

D)

To maximize the intrinsic value of the firm

select all the true statements about intrinsic value

Question 2 options:

The intrinsic value is not observable, but investors attempt to estimate it, and use their estimates as a basis for their investing decisions

intrinsic value is always the same as the stock price

stock price hovers near the intrinsic value of the stock, but rarely the stock is priced exactly at the intrinsic value

intrinsic value is the true value of an asset

The intrinsic value of a firm always exceeds the value of the firm's assets

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