What Is the Primary Goal of Financial Management

question 7

Multiple Choice

What is the primary goal of financial management?

• A)Increased earnings
• B)Maximizing cash flow
• C)Maximizing shareholder wealth
• D)Minimizing risk of the firm

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Definitions:

Preserve Slavery

To maintain or keep the institution of slavery in existence, preventing its abolition.

Confederacy

A confederation of secessionist American states existing from 1861 to 1865, formed by states in the Southern United States that supported slavery and opposed the policies of the northern states.

Ordinance of Secession

Historical documents drafted and adopted by several U.S. states declaring their secession from the Union, leading to the American Civil War.

South Carolina

A U.S. state in the southeastern region, known for its role in American history, including the Civil War's start at Fort Sumter.