Respuesta :
The primary goal of financial management is to maximize the current value per share of existing stock.
A spending unit can proceed in the direction of achieving the goals with the help of financial management, which is the branch of business management focused on the wise use of capital and the careful selection of the source of capital.
Financial management refers to the organization, planning, direction, and control of the enterprise's financial activities, including fund acquisition and utilization. Applying general management principles to the enterprise's financial resources is what it signifies.
Financial resource allocation, control, and procurement are the main concerns of financial management. The goals could be:
- To make sure the firm receives a regular and sufficient amount of funding.
- To guarantee acceptable returns to the shareholders, which will be based on their earning potential, share price, and expectations.
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