Which of the following is the best example of a well-stated financial objective? A) Increase market share by 3% annually for the next 3 years. B) Gradually boost market share from 10% to 15% over the next several years. C) Boost revenues by a percentage greater than the industry average. D) Achieve lower costs than any other industry competitor. E) Increase earnings per share by 15% annually.

Which of the following is the best example of a well-stated financial objective? A) Increase market share by 3% annually for the next 3 years. B) Gradually boost market share from 10% to 15% over the next several years. C) Boost revenues by a percentage greater than the industry average. D) Achieve lower costs than any other industry competitor. E) Increase earnings per share by 15% annually.

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter12: Corporate Valuation And Financial Planning

Section: Chapter Questions

Problem 2STP

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The best example of a well-stated, specific financial objective is to increase ROA (return on asset) by 0.5 percent annually. maximize total company profits and return on investment. achieve lower costs than any other industry competitor. gradually boost market share from 10 percent to 15 percent over the next several years.
The best example of a well-stated, specific financial objective is to O achieve lower costs than any other industry competitor. O maximize total company profits and return on investment. gradually boost market share from 10 percent to 15 percent over the next several years. increase ROE (return on equity) by 1 percent annually.
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