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Please be sure to enter in a formula form in the yellow boxes. | | | At December 31, Artists Unlimited Company had the following
Please be sure to enter in a formula form in the yellow boxes.
| | | At December 31, Artists Unlimited Company had the following x '/ 1 At December 31, Artists Unlimited Company had the following 2 stockholder's equity components that would be part of the balance sheet 100% Stock Dividend $5,000 Cash Dividend for 1 Stock 5 Stockholders' Equity 6 Contributed Capital: 7 Number of common shares outstanding 8 Par value per common share 9 Common Stock, at par 10 Additional Paid in Capital 11 Total Contributed Capital 12 Retained Earnings 15 Total Stockholders' Equity At Dec 31 5,000 5,000 745,000 750,000 980,000 1,730,000 14 15 16 Required: 17 The company is considering 3 alternative distributions to stockholders. Consider each alternative independently of the others 18 Complete the table above and show the effect on stockholders' equity as a result of each of these distributions. 19 Use only cell references in formulas. Use cells C3, D3, and E3 as appropriate. Do not reference cells from one alternative in another alternative. 20 21 | 1) issue a 100% stock dividend Step by Step Solution
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