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Objectives of Business Entity
The Main objectives of a business entity are clarified in detail below. Any business firm would have specific objectives that it aims at achieving. The most goals of a firm are as:
A. Profit maximization
B. Shareholders' wealth maximization
C. Social task
D. Business Ethics
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The following is the existing capital structure of Company XYZ Ltd. Ordinary shares at Shs.10 par 1,000,000 Retained 800,000 12% preference shares Shs.10 par 400,000 16% loan Shs.1
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