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

Question

Quizplus · Accepted Answer

The primary goal of the financial manager is maximizing wealth, which is achieved by maximizing the value of the company and increasing shareholder wealth. This goal takes into consideration both risk and return, but the focus is on creating long-term value for the company and its investors, rather than short-term profit or minimizing risk.

The Primary Goal of the Financial Manager Is