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Please Explain the steps and fill in the graph. Thanks G H I Use Information Complete 4 A B D E F 1 At December
Please Explain the steps and fill in the graph. Thanks
G H I Use Information Complete 4 A B D E F 1 At December 31, HARVARD Company had the following stockholder's equity components that woul be part of the balance sheet 2 100% 2 $5,000 3 Stock for 1 Stock Cash Stockholders' Equity At Dec 31 Dividend Split Dividend 5 Contributed Capital: 6 Number of Common shares outstanding 5,000 7 Par value per common share $ 1.00 8 Common Stock, at par $ 5,000.00 9 Additional Paid in Capital $ 745,000.00 10 Total Contributed Capital $ 750,000.00 11 Retained Earnings $ 980,000.00 12 Total Stockholders' Equity $ 1,730,000.00 13 14 Required: 15 The Company is considering 3 alternative distributions to stockholders. Consider each alternative independently of the others 16 Complete the table above and show the resulting balances on th stockholders' equity section as a result of these distributions. 17 Use only cell references in formula. Use cells C3, D3 and E3 as appropriate. Do not reference cells from one alternative in another alternative. 18 19 1: issue a 100% stock dividend. 20 21 2: Excecute a 2-for-1 stock split. 22 23 3: Distribute a $5,000 cash dividend. 24 26Step by Step Solution
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