If a firm has a single owner,we can say that the proper goal of a financial manager would be to maximize the firm's earnings per share.

Question

Quizplus · Accepted Answer

The proper goal of a financial manager, even in a firm with a single owner, is to maximize the owner's wealth, not just the firm's earnings per share. This involves considering the timing, cash flows, and risk associated with earnings, not just the earnings themselves.

If a Firm Has a Single Owner,we Can Say That