Explain whether the following statements are true or false.

$1)$ With the same amount of net profit generated as compared to previous financial year, a share split will increase the current EPS.

$2)$ A higher credit purchase and longer payables period as compared to previous financial year while other working capital components remain unchanged, will increase the current ratio.

$3)$ With the same dividend per share declared, a soaring market share price will reduce dividend yield.

$4)$ A cheaper cost of borrowing with similar operating profits will reduce times interest earned ratio $($TIE$).$

$5)$ A higher equity multiplier indicates higher reliance on equity capital.