The financial goal of a public sector firm fully owned by the government is to_______.
A. maximize the book value per share.
B. maximize the profits earned by the firm.
C. maximize the present value of stream of equity returns.
D. maximize the return on equity.
Answer:C
The financial goal of a public sector firm fully owned by the government is to_______.
A. maximize the book value per share. B. maximize the profits earned by the firm. C. maximize the present value of stream of equity returns. D. maximize the return on equity.