Question

LFM1841 : objective of financial management​

Answer 1

Answer:

Profit maximization happens when marginal cost is equal to marginal revenue. This is the main objective of Financial Management. Maintaining proper cash flow is a short run objective of financial management. ... Minimization on capital cost in financial management can help operations gain more profit.

Explanation:

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Answer 2

Profit maximization happens when marginal cost is equal to marginal revenue. This is the main objective of Financial Management. Maintaining proper cash flow is a short run objective of financial management. ... Minimization on capital cost in financial management can help operations gain more profit