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Business, 04.07.2020 20:01 jayy1733

Bingham Industries currently has 80,000 shares of outstanding stock and 20,000 shares in treasury. The firm hopes to temporarily increase its earnings per share. Which of the following actions will best help Bingham achieve this goal?a. buying back 20,000 of its outstanding shares for placement in treasury. b. buying back 10,000 of its outstanding shares for placement in treasury. c. selling 10,000 of its existing treasury shares on the open market. d. selling 20,000 of its existing treasury shares on the open market.

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Bingham Industries currently has 80,000 shares of outstanding stock and 20,000 shares in treasury. T...
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