Accountancy, asked by rbaig8669, 20 days ago

why value maximization is superior to profit maximization

Answers

Answered by naveenjoshi01974

2

(i) Wealth maximization is superior to the profit maximization because the main aim of the business concern under this concept is to improve the value or wealth of the shareholders. (ii) Wealth maximization considers the comparison of the value to cost associated with the business concern.

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