What effect will a two-for-one stock split have on the following items found on a firms financial
Question:
a. earnings per share........... $4.20
b. total equity........... $10,000,000
c. long-term debt........... $4,300,000
d. additional paid-in capital..... $1,534,000
e. number of shares outstanding.... 1,000,000
f. earnings .............. $4,200,000
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Related Book For
Basic Finance An Introduction to Financial Institutions Investments and Management
ISBN: 978-1111820633
10th edition
Authors: Herbert B. Mayo
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