Test Bank for Contemporary Financial Management 13th Edition by Moyer Complete downloadable file at: Shareholderwealthmaximization Socialresponsibility Longrunsurvival Profitmaximization a ANSWER: The shareholder wealth maximization goal states that management should seek to maximize the of theexpected future returns to the owners of the firm. Futurevalue Compoundvalue Percentagevalue Presentvalue d ANSWER: investingdecisions financingdecisions dividenddecisions taximplicationdecisions d ANSWER: Shareholderwealthismeasuredbythe oftheshareholders'commonstockholdings. Bookvalue Marketvalue Historicvalue Compoundvalue b ANSWER: Thelimitationsoftheprofitmaximizationgoalinclude: Itlacksatimedimension(i.e.,itisstatic) Itfailstoconsiderrisk Thedefinitionofprofitisambiguous Alltheabovearelimitations d ANSWER: Theobjectiveofmaximizingshareholderwealth,asmeasuredbythemarketvalueofthefirm'sstock doesnotconsiderthetimingofthebenefitsreceived providesawaytoconsidertheriskofthereturnsbeingoffered
Test Bank for Contemporary Financial Management 13th Edition by Moyer Complete downloadable file at: Shareholderwealthmaximization Socialresponsibility Longrunsurvival Profitmaximization ANSWER: a The shareholder wealth maximization goal states that management should seek to maximize the of theexpected future returns to the owners of the firm. Futurevalue Compoundvalue Percentagevalue Presentvalue ANSWER: d investingdecisions financingdecisions dividenddecisions taximplicationdecisions ANSWER: d Shareholderwealthismeasuredbythe oftheshareholders'commonstockholdings. Bookvalue Marketvalue Historicvalue Compoundvalue ANSWER: b Thelimitationsoftheprofitmaximizationgoalinclude: Itlacksatimedimension(i.e.,itisstatic) Itfailstoconsiderrisk Thedefinitionofprofitisambiguous Alltheabovearelimitations ANSWER: d Theobjectiveofmaximizingshareholderwealth,asmeasuredbythemarketvalueofthefirm'sstock doesnotconsiderthetimingofthebenefitsreceived providesawaytoconsidertheriskofthereturnsbeingoffered
Test-Bank-for-Contemporary-Financial-Management-13th-Edition-by-Moyer.docx