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A company might purchase treasury stock for all of the following reasons except A. it wants to increase its net assets by buying its stock

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A company might purchase treasury stock for all of the following reasons except A. it wants to increase its net assets by buying its stock low and reselling it at a higher price. B. management wants to decrease the earnings per share of common stock. c. management wants to avoid a takeover by an outside party, D. the company needs the stock to distribute to employees as part of its employee stock purchase plans

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