A firm decides to do a 5- 1 stock split. The current market price of the stock is $20/share. The following information is the balance sheet before the stock dividend was declared:
Show the equity section of the balance sheet after the stock split.

Question

A firm decides to do a 5- 1 stock split. The current market price of the stock is $20/share. The following information is the balance sheet before the stock dividend was declared:
  Show the equity section of the balance sheet after the stock split.

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The Answer of A firm decides to do a 5- 1 stock split. The current market price of the stock is $20/share. The following information is the balance sheet before the stock dividend was declared:
  Show the equity section of the balance sheet after the stock split.

A Firm Decides to Do a 5- 1 Stock Split