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 $3.33. 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 $3.33. Round your answer to the nearest cent. Initial amount $3.33 New amount $ Effect -Select- b. Total equity $9,000,000. Round your answer to the nearest dollar. New amount Effect Initial amount $9,000,000 $ -Select- C. Long-term debt $4,000,000. Round your answer to the nearest dollar. New amount Initial amount $4,000,000 Effect -Select- $ d. Additional paid-in capital $1,564,000. Round your answer to the nearest dollar. New amount Initial amount $1,564,000 Effect -Select- S e. Number of shares outstanding 1,200,000. Round your answer to the nearest whole number. Initial amount New amount Effect 1,200,000 -Select- f. Earnings $4,000,000. Round your answer to the nearest dollar. Effect Initial amount $4,000,000 New amount $ -Select
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