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21 March, 01:20

A firm's net income is the most appropriate measure to determine whether the management is maximizing the firm's stock price. True False

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  1. 21 March, 05:09
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    FALSE

    Explanation:

    Net Income is a symbol of companies' profit during the particular accounting year, it also shows the money a firm has to distribute among shareholders.

    the stock price is a practical perspective for management. Maximization of stock prices allows administrators to take major decisions that increasing stockholder income.
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