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Which of the following statements is correct? a. One of the problems with maximizing accounting profit as a financial objective is that accounting profit can
Which of the following statements is correct?
a. One of the problems with maximizing accounting profit as a financial objective is that accounting profit can be manipulated
b. A target for a minimum level of dividend cover is a target for a minimum dividend payout ratio
c. The welfare of employees is a financial objective.
d. One reason shareholders are interested in earnings per share is that accounting profit takes account of risk.
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