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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

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9882132

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