Question: What effect will a two-for-one stock split have on the following items found on a firm's financial statements? a. Earnings per share $4.09. Round your

 What effect will a two-for-one stock split have on the following

What effect will a two-for-one stock split have on the following items found on a firm's financial statements? a. Earnings per share $4.09. Round your answer to the nearest cent. Initial amount New amount Effect $4.09 -Select- b. Total equity $8,000,000. Round your answer to the nearest dollar. Initial amount New amount Effect $8,000,000 Select D C. Long-term debt $4,600,000. Round your answer to the nearest dollar. Initial amount New amount Effect $4,000,000 $ Stect d. Additional paid in capital $1,674,000. Round your answer to the nearest dollar Initial amount New amount $1,674,000 $ -Select- e. Number of shares outstanding 1,100,000. Round your answer to the nearest whole number Effect New amount Initial amount 1,100,000 Effect -Select 1. Earnings $4,500,000. Round your answer to the nearest dollar. New amount Effect Initial amount $4,500,000

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