Type

3- As we have learned previously in the first chapter, profit maximation is one of the financial goals. Take a look at the table below, and give opinion on which is the better investment, out of the 2 options. (5 marks) Year Earnings (RM) 1 2 Project A 250,000 Nil Project B Nil 250,000 4- Economists view that the goal of a firm is profit maximization. In finance courses, this goal is not regarded as satisfactory, and maximation of shareholder's wealth is regarded as a more valid goal. Based on your own perspective, discuss the major weaknesses of profit maximation as the goal of the firm from the finance perspective. (8 marks)