Q1 Explain the differences between wealth maximization and profit maximization. Explain relation between finance and accounting Differences between wealth maximization and profit maximization Explanation of relation between finance and accounting

Q1 Explain the differences between wealth maximization and profit maximization.

Explain relation between finance and accounting

Differences between wealth maximization and profit maximization

Explanation of relation between finance and accounting

 

Answer: Wealth maximisation vs. profit maximisation

 

Wealth maximisation is based on cash flow. It is

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