Profit maximization is not an adequate goal of the firm when making financial decisions because: - 3922

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 Profit maximization is not an adequate goal of the firm when making financial decisions because:     B 

a.     it does not necessarily reflect shareholder wealth maximization. 

b.     it ignores the risk inherent in different projects that will generate the profits. 

c.     it ignores the timing of a project’s returns. 

d.     all of the above are correct. 

 
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