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Which of the following is not one of the key reasons why the assumed objective for management is to maximize share price as opposed to
Which of the following is notone of the key reasons why the assumed objective for management is to maximize share price as opposed to maximizing profit?
1.The company needs to consider social issues as well as economic performance
2.The company's profit must be evaluated relative to the company's level of risk
3.The company's profit must be evaluated relative to the total assets of the company
4.The value of common shares is based on the company's performance over multiple years
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