Find what is the ultimate objective of financial management

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Problem 1: What type of decision is made when a company decides whether to arrange a mortgage, sell bonds, or issue shares?

Group of answer choices

Option 1: a financing decision using internal financing

Option 2: none of these

Option 3: a financing decision using external financing

Option 4: an operating decision using internal financing

Option 5: an operating decision using external financing

Problem 2: What is the ultimate objective of financial management?

Group of answer choices

Option 1: to maximize profitability

Option 2: to satisfy management's expectations

Option 3: to grow revenue

Option 4: to maximize shareholder value (ensure that ROA is higher than the cost of financing)

Option 5: none of these

Reference no: EM132656108

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