For public companies,management typically prefers lower net income.

Name: For public companies,management typically prefers lower net income.
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Question

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Management typically prefers higher net income as it reflects positively on the company's financial performance and can lead to an increase in stock price and investor confidence. However, they may also make strategic decisions to reduce net income in the short term in order to invest in growth opportunities or improve long-term profitability.

For Public Companies,management Typically Prefers Lower Net Income