Resultant stockholders equity section


Problem: The stockholders' equity section of the balance sheet of the XYZ Corp. is as follows:

Common Stock ($5 par) $ 20,000,000
Retained Earnings $176,000,000
Total $196,000,000

Assume that the company now splits its stock 5-for-1, show the resulting stockholder's equity section.

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Finance Basics: Resultant stockholders equity section
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