both Q's

13. Bosco has 5,000,000 shares of common stock outstanding with a market value of $60 per share. Net income for the coming year is expected to be $6,900,000. What impact will a three-for-one-stock split have on the eamings per share and on the price of the stock? 14. Joe owns. $1,0000 shares in Hotco. There are 4 seats on the board of directors up for election and Joe is one of the nominees. Under the traditional method of voting, how many votes may he cast for himself and how many votes may he cast for himself under cumulative method of voting