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1. Analyze the effects of alternative distributions on stockholders' equity. XIA Cash dividends, stock dividends, and stock splits - Excel ? - > FILE HOME
1. Analyze the effects of alternative distributions on stockholders' equity. XIA Cash dividends, stock dividends, and stock splits - Excel ? - > FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In X Calibri 11 A A % Paste BIU - Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font A1 X fac At December 31, Artists Unlimited Company had the following A B D E 4 2 for 1 Stock Split $5,000 Cash Dividend 1 At December 31, Artists Unlimited Company had the following 2 stockholder's equity components that would be part of the balance sheet: 3 100% Stock 5 Stockholders' Equity At Dec 31 Dividend 6 Contributed Capital: 7 Number of common shares outstanding 5,000 8 Par value per common share $ 1.00 9 Common Stock, at par $ 5,000 10 Additional Paid in Capital 745,000 11 Total Contributed Capital 750,000 12 Retained Earnings 980,000 13 Total Stockholders' Equity $ 1,730,000 14 15 16 Required: The main considerin 2 altantia dintribution tantahaldar Cannidad anah alternativa indanandanta afha Required: The company is considering 3 alternative distributions to stockholders. Consider each alternative independently of the others. Complete the table above and show the resulting balances on the stockholders' equity section as a result of these distributions. Use only cell references in formulas. Use cells C3, D3, and E3 as appropriate. Do not reference cells from one alternative in another alternative. 1) Issue a 100% stock dividend. OR 2) Execute a 2-for-1 stock split. OR 3) Distribute a $5,000 cash dividend
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