The basic goal of financial management is ___________.
A
Maximising the profit
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B
Maximising shareholders' wealth in the long run
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C
Maximising the rate of dividend
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D
Minimising the business risk.
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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.