Question: What effect will a two-for-one stock split have on the following items found on a firms financial statements? a. earnings per share........... $4.20 b. total

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........... $4.20
b. total equity........... $10,000,000
c. long-term debt........... $4,300,000
d. additional paid-in capital..... $1,534,000
e. number of shares outstanding.... 1,000,000
f. earnings .............. $4,200,000

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