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21 November, 10:56

Which of the following results in increasing basic earnings per share? A. Paying more than carrying value to retire outstanding bonds. B. Issuing cumulative preferred stock. C. Purchasing treasury stock. D. All of these increase basic earnings per share.

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  1. 21 November, 11:10
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    Answer:C. Purchasing treasury stock

    Explanation:Treasury stocks are stocks that were repurchased by the issuing company, this repurchased quantity is always guided by the laws existing in the country. This repurchased stock reduces the amount of the outstanding stock of the company available for sale. Treasury stocks are always repurchased at a higher price, hence increasing the stock owner's earnings per share.
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Home » Business » Which of the following results in increasing basic earnings per share? A. Paying more than carrying value to retire outstanding bonds. B. Issuing cumulative preferred stock. C. Purchasing treasury stock. D.
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