Question

The long-run objective of financial management is to- options maximize earnings per share. maximize the value of the firm's common stock. maximize return on investment. maximize market share.

Answer 1

The correct answer to this question is "maximize the value of the firm's common stock." The long-run objective of financial management is to maximize the value of the firm's common stock. This has to be taken into account because at any moment, there's a change in share.