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Author Question: The ________ is created by a financial relationship between suppliers and demanders of short-term ... (Read 73 times)

bobbysung

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on: Jul 10, 2018
The ________ is created by a financial relationship between suppliers and demanders of short-term funds.
 
  A) stock market
  B) capital market
  C) forex market
  D) money market

Question 2

What is the primary goal of a financial manager? When you see firms like Enron imploding from the behavior of executive management, how can you justify your definition?
 
  What will be an ideal response?


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janeli1

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Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

Answer: The primary goal of a financial manager is to maximize shareholders' wealth. In some ways, Enron is the exception that proves the rule. When management strays from its primary objective of maximizing shareholder wealth and resorts to deception in an effort to satisfy greed or ego, then that is a newsworthy event.


bobbysung

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

sultana.d

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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