Question: What effect will a three - for - one stock split have on the following items found on a firm's financial statements? a . Earnings
What effect will a threeforone stock split have on the following items found on a firm's financial statements?
a Earnings per share $ Round your answer to the nearest cent.
b Total equity $ Round your answer to the nearest dollar.
c Longterm debt $ Round your answer to the nearest dollar.
d Additional paidin capital $ Round your answer to the nearest dollar.
e Number of shares outstanding Round your answer to the nearest whole number.
Initial amount New amount Effect
f Earnings $ Round your answer to the nearest dollar.
Initial amount New amount Effect
$$ Select
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