Question: Ch 10: End-of-Chapter Problems - The Features of Stock dy Tools Tips Tips What effect will a four-for-one stock split have on the following items

 Ch 10: End-of-Chapter Problems - The Features of Stock dy Tools

Ch 10: End-of-Chapter Problems - The Features of Stock dy Tools Tips Tips What effect will a four-for-one stock split have on the following items found on a firm's financial statements? a. Earnings per share $4.33. Round your answer to the nearest cent. Initial amount New amount Elect $4.33 $ Select Total aquity $12,000,000. Round your answer to the nearest dollar, Initial amount New amount Effect $12,000,000 Select- c. Long-term debt $4,000,000. Round your answer to the nearest dollar. Initial amount New amount Effect $4,000,000 Select d. Additional paid in capital 51,600,000. Round your answer to the nearest dollar Initial amount New amount Effect $1,600,000 Select- e Number of shares outstanding 900,000. Round your answer to the nearest whole number Initial amount New amount Effect 900,000 Select 1. Earnings $3,900,000. Round your answer to the nearest dollar Initial amount New amount Effect $3,900,000

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