Question: what effect wil a three-for-one stock split have on the following items found on a firm's financial statements . Earnings per share $3:33. Round your

what effect wil a three-for-one stock split have on the following items found on a firm's financial statements . Earnings per share $3:33. Round your answer to the nearest cent. Initial amount $3.33 New amount $ Effect b. Total equity $12,000,000. Round your answer to the nearest dollar Initial amount $12,000,000 New amount Effect c. Long-term debt $4,400,000. Round your answer to the nearest dollar New amount Effect Initial amount $4,400,000 d. Additional paid.in capital $1,591,000. Round your answer to the nearest dollar. New amount Effect Initial amount $1,591,000 -S e Number of shares outstanding 1.200.000. Round your answer to the nearest whole number New amount Effect Initial amount 1.200,000 1. Earnings $4,000,000. Round your answer to the nearest dollar New amount Effect Initial amount $4.000.000
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