What effect will a one-for-two stock split have on the following items found on a firm's...

 

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What effect will a one-for-two stock split have on the following items found on a firm's financial statements? a. Earnings per share $3.82. Round your answer to the nearest cent. Initial amount New amount $3.82 b. Total equity $12,000,000. Round you Initial amount $12,000,000 $ New amount Initial amount $1,694,000 $ Effect -Select- increase decrease New amount no change c. Long-term debt $4,000,000. Round your answer to the nearest dollar. Initial amount New amount $4,000,000 Effect -Select- $ Initial amount New amount $4,200,000 Effect d. Additional paid-in capital $1,694,000. Round your answer to the nearest dollar. New amount $ $ -Select- e. Number of shares outstanding 1,100,000. Round your answer to the nearest whole number. Initial amount 1,100,000 f. Earnings $4,200,000. Round your answer to the nearest dollar. Effect -Select- Effect nearest dollar. -Select- Effect -Select- What effect will a one-for-two stock split have on the following items found on a firm's financial statements? a. Earnings per share $3.82. Round your answer to the nearest cent. Initial amount New amount $3.82 b. Total equity $12,000,000. Round you Initial amount $12,000,000 $ New amount Initial amount $1,694,000 $ Effect -Select- increase decrease New amount no change c. Long-term debt $4,000,000. Round your answer to the nearest dollar. Initial amount New amount $4,000,000 Effect -Select- $ Initial amount New amount $4,200,000 Effect d. Additional paid-in capital $1,694,000. Round your answer to the nearest dollar. New amount $ $ -Select- e. Number of shares outstanding 1,100,000. Round your answer to the nearest whole number. Initial amount 1,100,000 f. Earnings $4,200,000. Round your answer to the nearest dollar. Effect -Select- Effect nearest dollar. -Select- Effect -Select-

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The calculations for each item a Earnings per share Initial EPS 382 After a 1for2 stock split the nu... View the full answer