Question-firm financial statements


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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