The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to Maximize the stock price per share over the long run, which is the stock's intrinsic value. Maximize the firm's expected EPS. Minimize the chances of losses. Maximize the firm's expected total income. Maximize the stock price on a specific target date.

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section: Chapter Questions
Problem 1ANFS
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The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to

Maximize the stock price per share over the long run, which is the stock's intrinsic value.
Maximize the firm's expected EPS.
Minimize the chances of losses.
Maximize the firm's expected total income.
Maximize the stock price on a specific target date.
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