Wilson Pharmaceuticals has done very well in the stock market during the last three years. Its stock has risen from $45 per share to $70 per share. Its P/E ratio is 20. Its current statement of net worth is Common stock (4 million shares issued; 10 million shares authorized) ............. . Retained earnings...................... .. . . . . Net worth. $ 55,000,000 45,000,000 $1 00,000,000 a. What changes would occur in the statement of net worth after a two-for-one stock split? b. What would the statement of net worth look like after a three-for-one stock split? c. Assume Wilson earned $14 million. What would its EPS be before and after the two-for-one stock split? d. What would the price per share be before and after the two-for-one and the three-for-one stock splits? (Assume the P/E ratio of20 stays the same.) e. Should a stock split change the P/E ratio for Wilson