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12. The directors of Highlands Marble Works established three goals for the coming year: 1) transfer some of the firm's excess cash to the shareholders;

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12. The directors of Highlands Marble Works established three goals for the coming year: 1) transfer some of the firm's excess cash to the shareholders; 2) increase the earnings per share; and 3) maintain a constant dividend. Which one of the following actions best meets these goals? A) B) C) D) E) increase the regular dividend decrease the regular dividend pay a stock dividend do a reverse stock split do a stock repurchase

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