wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The basic goal of financial management is ___________.

A
Maximising the profit
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Maximising shareholders' wealth in the long run
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Maximising the rate of dividend
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Minimising the business risk.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Maximising the profit
A company's most important goal is to make money and keep it. Profit-margin ratios are one way to measure how much money a company squeezes from its total revenue or total sales.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Comparative Financial Statement
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon