The shareholders' equity section of the balance sheet of the XYZ Corp. is as follows: 
If the company now splits its stock 5-for-1, which of the following is correct?
A) The common stock section will increase to $100,000,000.
B) The market price per share will probably remain unchanged.
C) The book value per share will decline to $17.60.
D) The number of shares outstanding will increase.
Correct Answer:
Verified
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