Which of the following is correct in relation to businesses?
Which of the following is correct in relation to businesses?
In order to maximize shareholder wealth, the primary objective of a business can be reflected in:
(1) higher investment
(2) higher sales revenue
(3) higher share prices
(4) higher dividend payments.
A . (1) and (3)
B . (3) and (4)
C . (1) and (2)
D . (2) and (4)
Answer: B
Explanation:
Reference: http://www.cimaglobal.com/Documents/Student%20docs/2010%20syllabus%20docs/F3/F3%20May%202014%20-%20Answers%20for%20web.pdf
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