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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?
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Earnings per share $5.00. Round your answer to the nearest cent.
Initial amount New amount Effect $5.00 $ -Select-increasedecreaseno change -
Total equity $9,000,000. Round your answer to the nearest dollar.
Initial amount New amount Effect $9,000,000 $ -Select-increasedecreaseno change -
Long-term debt $4,300,000. Round your answer to the nearest dollar.
Initial amount New amount Effect $4,300,000 $ -Select-increasedecreaseno change -
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 -
Number of shares outstanding 900,000. Round your answer to the nearest whole number.
Initial amount New amount Effect 900,000 -Select-increasedecreaseno change -
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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