Which of the following is generally NOT considered to be a viable operational goal for a firm?
A) maintaining a strong local currency
B) maximization of after-tax income
C) minimization of the firm's effective global tax burden
D) correct positioning of the firm's income, cash flows and available funds as to country and currency
Answer: A
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As an analyst, the accountant could be the development team member who conducts a preliminary survey
Indicate whether the statement is true or false
Which dialectic is concerned with the tension between freedom and independence?
a. autonomy and connectedness b. novelty and predictability c. openness and closedness d. agency and constraint
Everything else equal, if stockholders prefer current income to future income (i.e., capital gains), a firm's cost of equity will:
A. decrease if its dividend payout increases. B. decrease if its eliminates all dividend payments. C. decrease if its excess (free) cash increases. D. decrease if management promotes its wishes to restrict ownership in the firm. E. increase if debt restrictions decrease.
At the end of a brainstorming session, participants are often asked to
A. propose one more new idea each. B. vote on the best ideas. C. identify which ideas each person proposed. D. defer to management for the final decision. E. identify the worst ideas.