West Wind, Inc, has 5,200,000 shares of common stock outstanding with a market value of $90 per share. Net income for the caming year is expected to be $7,300,000. What impact will a two-for-one stock split have on the earnings per share and on the price of the stock? Round the earnings per share to the nearest cent and the prices of the stock to the nearest dollar. EPS before the split: $ EPS after the split: 5 Price of the stock before the split: $ per share Price of the stock after the split; $ per share Jersey Medical earns $9.00 a share, sells for $80, and pays a $8 per share dividend. The stock is split four for one and a $2 per share cash dividend is deciared. a. What will be the new price of the stock? Round your answer to the nearest dollar. b. If the firm's total earnings do not change, what is the payout ratio before and after the stock split? Round your answers to one decimal place. Payout ratio before the split: Payout ratio after the split: % 3%