Question 12 The stockholders’ equity section of the balance sheet of the XYZ Corp. is as follows:

Question 12 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.The stockholders’ equity section of the balance sheet of the XYZ Corp. is as follows:Common Stock ($5 par) $ 20,000,000Retained Earnings $176,000,000Total $196,000,000Assume that the company…

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