Common Stock ($5 par) $ 20,000,000
Retained Earnings $176,000,000
Assume that the company now splits its stock 5-for-1, show the resulting stockholder's equity section.© BrainMass Inc. brainmass.com March 21, 2019, 9:33 pm ad1c9bdddf
In a stock split, the par value reduces and the number of shares increases, but there is no change in the values of the equity ...
Provides steps necessary to determine the stockholder equity section.