Question: 1 . What is the rational for wealth maximization as a goal for a firm? 2 . What are the key financial statements and why

1. What is the rational for wealth maximization as a goal for a firm?
2. What are the key financial statements and why they are important?
3. What is the purpose of ratio analysis?
4. What is the concept of time value of money?
5. Why understanding of time value of money is important?

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