The goal of the business enterprise is to maximize:
A) net income.
B) economic profit.
C) earnings before interest and taxes.

Question

Quizplus · Accepted Answer

Economic profit takes into account both explicit and implicit costs, including opportunity costs, providing a more comprehensive measure of a company's profitability and efficiency in resource allocation, aligning with the goal of maximizing wealth for shareholders.

The Goal of the Business Enterprise Is to Maximize