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Distinguish profit maximisation vs wealth maximisation

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Reference no: EM132974280

Problem 1: Explain why the financial manager should identify surplus assets and dispose of them.

Problem 2: Given the following corporate objectives, provide a reasoned argument explaining which of them should be the main goal of the financail manager:

a. profit maximisation;

b. sales maximisation;

c. maximisation of benefit to employees and the local community;

d. maximisation of shareholder wealth.

Problem 3: Distinguish between profit maximisation and wealth maximisation.

Reference no: EM132974280

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