The primary goal of a financial manager is ________.
A) minimizing risk
B) maximizing profit
C) maximizing wealth
D) minimizing return

Question

Quizplus · Accepted Answer

The primary goal of a financial manager is to maximize wealth, which involves considering both the amount of profit and the level of risk. It is not simply about maximizing profit or minimizing risk or return, but rather finding the optimal balance between all of these factors to increase the overall long-term value of the company.

The Primary Goal of a Financial Manager Is ________