Search here for Tutorials

If the Data is different in your question, please send your questions to homeworksolutionsnow@gmail.com. The questions will be answered at the same price.

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?
1. earnings per share $4.20     
2. total equity $10,000,000
3. long-term debt $4,300,000     
4. additional paid-in capital $1,534,000
5. number of shares outstanding 1,000,000
6. earnings $4,200,000


SOLUTION PREVIEW
a. earnings per share $4.20 - EPS will decrease to $2.10


File name What effect will a two-for-one.docx    File type: docx  PRICE: $2