1. From a finance perspective, what should the primary goal of the Chief Financial Officer (CFO) of the corporation be?
A) Maximize the pay and compensation of employees and managers of the firm.
B) Maximize the value of the stockholders wealth because they are the owners of the corporation.
C) Maximize the societal value to minimize governmental interference.
D) Make Professor Gillette happy.
2. If the cash flows for a project change signs more than once, then the IRR criterion may fail to identify an acceptable project because of the ____________ problem.
multiple rate of return
net income
mutually exclusive project
independent investment project