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At December 31, Artists Unlimited Company had the following stockholders' equity components that would be part of the balance sheet: Required: The company is considering
At December 31, Artists Unlimited Company had the following stockholders' equity components that would be part of the balance sheet: Required: The company is considering three alternative distributions to stockholders. Consider each alternative independently of the others. Complete the table above and show the effect on stockholders' equity as a result of each of these distributions. Use information in column B to complete columns C, D, and E. 1) Issue a 100% stock dividend. OR 2) Execute a 2-for-1 stock split. OR 3) Distribute a $5,000 cash dividend. \begin{tabular}{|c|} \hline 100% \\ \hline 2 \\ \hline$5,000 \\ \hline \end{tabular}
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