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It is often stated that the ultimate goal of the Finance Manager is to maximize the current value of the stock of shareholders and not simply maximizing the profit of the firm. Discuss

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter13: Valuation: Earnings-based Approach

Section: Chapter Questions

Problem 1QE

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It is often stated that the ultimate goal of the Finance Manager is to
maximize the current value of the stock of shareholders and not simply
maximizing the profit of the firm. Discuss

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