Profit maximization is not an appropriate goal for a firm because it directly considers the...
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Profit maximization is not an appropriate goal for a firm because it directly considers the timing and riskiness of the firm's cash flows. it directly accounts for the firm's cash flows. it does not consider time value of money. it considers the current value of the firm's stock. 
Profit maximization is not an appropriate goal for a firm because
it directly considers the timing and riskiness of the firm's cash flows.
it directly accounts for the firm's cash flows.
it does not consider time value of money.
it considers the current value of the firm's stock.
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