Accounting Management & Business Operations Questions Discussion.
1.Distinguish between the goals of profit maximization and shareholder wealth maximization
2.Explain three limitations of the goal of profit maximization.
3.Explain three key roles of a finance manager in an organization.
4.A firm may adopt a conservative policy or an aggressive policy in financing its working capital needs.
Required: Clearly distinguish between:
A conservative policy and
An aggressive policy.
5.Explain five challenges that small scale enterprises wishing to obtain credit to expand operations experience in their quest to finance their business activities.
6.Distinguish between internal and external sources of finance for a limited liability company.
7.Differentiate between weighted cost of capital and marginal cost of capital.