Question
Which of the following statements is incorrect? a. All the answers are correct except one. b. Most large companies do not prefer to operate as
Which of the following statements is incorrect?
a. All the answers are correct except one.
b. Most large companies do not prefer to operate as public corporations because large amounts of capital cannot be raised in public markets at a relatively low cost.
c. The goal for financial managers is to make decisions that maximize the firm's stock price.
d. Managers are stakeholders who want to be paid salaries and performance bonuses.
e. The long-term assets are also known as productive assets can be tangible assets, such as equipment, machinery, or a manufacturing facility, or intangible assets, such as patents, trademarks, technical expertise, or other types of intellectual capital.
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