A financial manager's goal of maximizing current or short-term earnings may not be appropriate because: a. earnings are

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answerhappygod
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A financial manager's goal of maximizing current or short-term earnings may not be appropriate because: a. earnings are

Post by answerhappygod »

A financial manager's goal of maximizing current or short-term
earnings may not be appropriate because:
a. earnings are subjective; they can be defined in various ways
such as accounting or economic earnings.
b. share ownership is widely dispersed.
c. it considers the timing of the benefits.
d. increase earnings may be accompanied by acceptably higher
levels of risk.
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