Describe each of the four primary financial objectives of firms. ...

[Jkov05]

Describe each of the four primary financial objectives of firms.
 
  What will be an ideal response?

Question 2

The Vocational Rehabilitation Act of 1973 resembles Executive Order 11246 in what way?
 
  A) They both require employers to make accommodations at any expense for disabled workers.
  B) They both mandate that ideal behavior strategy be implemented in all decisions regarding employment and termination of employment.
  C) They both require that covered organizations have an affirmative action plan to promote the employment of the respective protected groups.
  D) They both are enforced by the Equal Employment Opportunity Commission (EEOC).

[medine]

Answer to Question 1

The four primary financial objectives of most firms are: profitability, liquidity, efficiency, and stability. Profitability is the ability to earn a profit. Liquidity is a company's ability to meet its short-term financial obligations. Efficiency is how productively a firm utilizes its assets relative to its revenue and its profits. Stability is the strength and vigor of the firm's overall financial posture.

Answer to Question 2

Answer: C