the benefits received from reducing production costs per unit the payment of interest on a firm ’ s debts the payment of corporate income taxes the payment required for an outside audit of the firm 5 . The primary goal of financial management is to : maximize current dividends per share of the existing stock . avoid financial distress . minimize operational costs and maximize firm efficiency . maximize the current value per share of the existing stock . maintain steady growth in both sales and net earnings .
6 . Which one of the following business types is best suited to raising large amounts of capital ?
limited partnership corporation sole proprietorship limited liability company general partnership
7 . Accounting profits and cash flows are generally : the same since accounting profits reflect when cash flows occur .