Reasons that a company would purchase treasury stock include all of the following EXCEPT O...

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Accounting

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Reasons that a company would purchase treasury stock include all of the following EXCEPT O A. it needs the stock for distribution to employees under stock purchase plans. OB management wants to decrease earnings per share of common stock, O C. management wants to avoid a takeover by an outside party. O D. it wants to increase net assets by buying its stock low and reselling it at a higher price

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