Discuss two limitations of profit maximization as goal firm

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1. Briefly discuss two limitations of "profit maximization" as a goal for the firm.

2. Oscar's dog house has a profit margin of 6.6 percent, a return on assets of 14.5 percent, and a debt to equity ratio of 1.4. What is the return on equity?

3. You expect to receive $25,000 at graduation today. You plan on investing it at an annual rate of 12% until you have $150,000. How long will you wait?

Reference no: EM131991778

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