Accountancy, asked by bluismpanda, 12 days ago

merits of wealth maximization?

Answers

Answered by brainly1900

Explanation:

Advantages of Wealth Maximization Model

Firstly, the wealth maximization is based on cash flows and not on profits. Unlike the profits, cash flows are exact and definite and therefore avoid any ambiguity associated with accounting profits. ... Thirdly, wealth maximization considers the time value of money.

Previous Question

Next Question

Similar questions

Math, 6 days ago

What is intiger why is thsi chapter work for ...

Math, 6 days ago

construct a quadrilateral PQRS in which Q=50°, R=70°, S=130°, QR=8.5 cm and QP=6.8 cm...

English, 6 days ago

• 1st person, possessive pronoun • 2nd person possessive adjectives • 3rd person (male) - reflexive pronoun • 2nd person plural - reflexive • 3rd person female - reflexive • 1st person - possessive adjective • 3rd person male - possessive adjective.

English, 12 days ago

4. How did the stranger compliment the work of the old sculptor? How did the old sculptor react?

Hindi, 12 days ago