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

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Finance

What effect will afour-for-one stock split have on the following items found on afirm's financial statements?

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

    InitialamountNew amountEffect
    $5.00$  -Select-increasedecreasenochange

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

    InitialamountNew amountEffect
    $9,000,000$  -Select-increasedecreasenochange

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

    InitialamountNew amountEffect
    $4,300,000$  -Select-increasedecreasenochange

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

    InitialamountNew amountEffect
    $1,564,000$  -Select-increasedecreasenochange

  5. Number of sharesoutstanding 900,000. Round your answer to the nearest wholenumber.

    InitialamountNew amountEffect
    900,000-Select-increasedecreasenochange

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

    InitialamountNew amountEffect
    $4,500,000$  -Select-increasedecreasenochange

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What effect will afour-for-one stock split have on the following items found on afirm's financial statements?Earnings per share$5.00. Round your answer to the nearest cent.InitialamountNew amountEffect$5.00$  -Select-increasedecreasenochangeTotal equity$9,000,000. Round your answer to the nearest dollar.InitialamountNew amountEffect$9,000,000$  -Select-increasedecreasenochangeLong-term debt$4,300,000. Round your answer to the nearest dollar.InitialamountNew amountEffect$4,300,000$  -Select-increasedecreasenochangeAdditional paid-incapital $1,564,000. Round your answer to the nearest dollar.InitialamountNew amountEffect$1,564,000$  -Select-increasedecreasenochangeNumber of sharesoutstanding 900,000. Round your answer to the nearest wholenumber.InitialamountNew amountEffect900,000-Select-increasedecreasenochangeEarnings $4,500,000.Round your answer to the nearest dollar.InitialamountNew amountEffect$4,500,000$  -Select-increasedecreasenochange

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