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What effect will a four-for-one stock split have on the following items found on a firm's financial statements? Earnings per share $5.00. Round your answer

What effect will a four-for-one stock split have on the following items found on a firm's financial statements?

  1. Earnings per share $5.00. Round your answer to the nearest cent.

    Initial amount New amount Effect
    $5.00 $ -Select-increasedecreaseno change

  2. Total equity $9,000,000. Round your answer to the nearest dollar.

    Initial amount New amount Effect
    $9,000,000 $ -Select-increasedecreaseno change

  3. Long-term debt $4,300,000. Round your answer to the nearest dollar.

    Initial amount New amount Effect
    $4,300,000 $ -Select-increasedecreaseno change

  4. Additional paid-in capital $1,564,000. Round your answer to the nearest dollar.

    Initial amount New amount Effect
    $1,564,000 $ -Select-increasedecreaseno change

  5. Number of shares outstanding 900,000. Round your answer to the nearest whole number.

    Initial amount New amount Effect
    900,000 -Select-increasedecreaseno change

  6. Earnings $4,500,000. Round your answer to the nearest dollar.

    Initial amount New amount Effect
    $4,500,000 $ -Select-increasedecreaseno change

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