| 194.Financial managers should strive to maximize the current value per share of the existing stockbecause:A. doing so means the firm is growing in size faster than its competitors.B. they have been hired for the purpose of representing the interest of the current shareholders.C. doing so increases the salaries of all the employees.D. the managers often receive shares of stock as part of their compensation.E. doing so guarantees the company will grow in size at the maximum possible rate.
Why should financial managers strive to maximize the current value per share of the existing stock?Answer:because they have been hired to represent the interests of the current shareholders. |
Why should financial managers strive to maximize the current value per share of the existing stock ?
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