Question: What effect will a three-for-one stock split have on the following items found on a firms financial statements? a. Earnings per share $9.10 b. Total

What effect will a three-for-one stock split have on the following items found on a firms financial statements? a. Earnings per share $9.10 b. Total equity $12,000,000 c. Long-term debt $4,300,000 d. Additional paid-in-capital $2,645,000 e. Number of shares outstanding 1,000,000 f. Earnings $5,300,000

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