Lucas Bols is a brewer in Amsterdam, Netherlands. Lucas Bols follows the IFRS. The net income of Lucas Bols in $2019$ is expected to be disappointing. The CEO of Lucas Bols, Martijn Oosterhoff, asked his financial consultant, Madeleine Bastiaan, if there is something the company could do to increase the EPS. Madeleine said: "Yes, in general, firms have two options to increase EPS. First, we could buy back some shares of our own stock. In this case, we would record a reduction in $$ Second, we could also try the LIFO liquidation".

Martijn then replied, "I think the $$ option is more likely to be successful for Lucas Bols."

Select one:

a$.$ both assets and treasury stock; first

b$.$ assets and an increase in treasury stock; first

c$.$ both assets and treasury stock; second

d$.$ assets and an increase in treasury stock; second