The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to Maximize the stock price per share over the long run, which is the stock's intrinsic value. Maximize the firm's expected EPS. Minimize the chances of losses. Maximize the firm's expected total income. Maximize the stock price on a specific target date.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter9: Auditing The Revenue Cycle.
Section: Chapter Questions
Problem 26CYBK
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The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to

Maximize the stock price per share over the long run, which is the stock's intrinsic value.
Maximize the firm's expected EPS.
Minimize the chances of losses.
Maximize the firm's expected total income.
Maximize the stock price on a specific target date.
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