P11-10 (Algo) Preparing the Stockholders' Equity Section of the Balance Sheet and Evaluating Dividend Policy LO-11-1,11-3,11-4,11-5, 11-7 The following information was extracted from the records of Cascade Company at the ond of the fiscal year after all adjusting entries were completed: Net income for the year was $101,500. The stock price is currently $15 per share. Required: 1. Prepare the stockholders' equity section of the balance sheet at the end of the fiscal year. 2. Compute the dividend yield ratio. Determine the number of shares of stock that received dividends. Complete this question by entering your answers in the tabs below. Compute the dividend yield ratio. Determine the number of shares of stock that received dividends. (Round Dividend yield ratio to 2 decimal places.) Required information P11-12 (Algo) (Chapter Supplement) Comparing the Equity Sections for Alternative Forms of Organization LO11-1, 11-7 [The following information applies to the questions displayed below.] Assume for each of the following independent cases that the annual accounting period ends on December 31 . Revenues for the year were $157,000. Expenses for the year were $184,000. Case A: Assume that the company is a sole proprietorship owned by Proprietor A. Prior to the closing entries, the capital account reflects a balance of $63,000 and the drawing account shows a balance of $9,000. Case B: Assume that the company is a partnership owned by Partner A and Partner B. Prior to the closing entries, the owners' equity accounts reflect the following balances: A, Capital, \$54,000; B, Capital, $54,000; A, Drawings, $9,000; and B, Drawings, $11,000. Profits and losses are divided equally. Case C: Assume that the company is a corporation. P11-12 Part 2 2. Show how the statement of owners' equity would appear at December 31 for Case A and Case B. 2. Show how the statement of owners' equity would appear at Case A: Sole Proprietorship 2. Show how the statement of owners' equity would a Case A: Sole Proprietorship Caco N. Calo Dranristarchin