Question: 1. Why is shareholder wealth maximization goal better than maximizing profit goal in business finance? 2. Explain a few of the many job roles of

1. Why is shareholder wealth maximization goal better than maximizing profit goal in business finance?

2. Explain a few of the many job roles of a finance manager.

3. Assets are defined as economic resources owned by a business and expected to benefit future business operations. By this definition, the gasoline in the tank of a business automobile, unused printer cartridges, and even ball point pens are actually assets. Why, then, are purchase of such items routinely charged directly to expense?

4. Give some indications of managerial efficiency in the use of company resources. You may present your ideas in bullets or in paragraph form.

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