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2 for 1 Stock Split $5,000 Cash Dividend At December 31, Artists Unlimited Company had the following stockholder's equity components that would be part of
2 for 1 Stock Split $5,000 Cash Dividend At December 31, Artists Unlimited Company had the following stockholder's equity components that would be part of the balance sheet: 100% Stock Stockholders' Equity At Dec 31 Dividend Contributed Capital: Number of common shares outstanding 5,000 Par value per common share S 1.00 Common Stock, at par S 5,000 Additional Paid in Capital 745,000 Total Contributed Capital 750,000 Retained Earnings 980,000 Total Stockholders' Equity S 1,730,000 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. 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. L) Issue a 100% stock dividend. DR 2) Execute a 2-for-1 stock split. OR 3) Distribute a $5,000 cash dividend
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