Which one of the following actions is usually a dependable and appealing way for managers to try to boost their company's EPS?
-Minimize the company's dividend payments so as to boost retained earnings--higher retained earnings divided by the number of shares outstanding result in higher EPS
-Cut the company's selling prices for both entry-level and multi-featured cameras to levels close to the lowest prices being charged by any company in all four regions; the resulting increases in sales volumes and revenues will boost the company's EPS
-Issue enough additional shares of stock to raise sufficient cash to pay off all of the company's borrowings on its line of credit; this will cut interest costs to zero and boost the company's EPS
-Repurchase shares of the company's common stock
Strive to be the dominant provider of entry-level cameras in all four geographic regions every year; the added profits on entry-level camera sales will drive increases in EPS