Question: 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 $3.55. Round your

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 $3.55. Round your answer to the nearest cent. Initial amount New amount Effect $3.55 $ b. Total equity $10,000,000. Round your answer to the nearest dollar. -Select- New amount Initial amount $10,000,000 Effect -Select- $ c. Long-term debt $4,400,000. Round your answer to the nearest dollar. Effect Initial amount $4,400,000 New amount $ -Select- d. Additional paid-in capital $1,476,000. Round your answer to the nearest dollar. Initial amount New amount Effect $1,476,000 $ -Select- e. Number of shares outstanding 1,100,000. Round your answer to the nearest whole number. Initial amount New amount Effect 1,100,000 -Select- f. Earnings $3,900,000. Round your answer to the nearest dollar. New amount Effect Initial amount $3,900,000 $ -Select
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