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You have heard the saying CASH not profit is KING. However in this course, you will read that the goal of the firm is to

You have heard the saying CASH "not profit" is KING". However in this course, you will read that the goal of the firm is to "MAXIMIZE WEALTH". Does having excess amounts of cash means that the firm has maximized wealthy? Discuss the above statements in light of your understanding of wealth maximization.

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