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solve ..Please provide exact excel formulas needed to solve each yellow box 1 At December 31, Artists Unlimited Company had the following 2 stockholder's equity
solve ..Please provide exact excel formulas needed to solve each yellow box
1 At December 31, Artists Unlimited Company had the following 2 stockholder's equity components that would be part of the balance sheet $5,000 Cash Dividend 100% Stock Dividend for 1 Stock Split 5 Stockholders' Equity 6 Contributed Capital: 7Number 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 13 Total Stockholders' Equity 14 15 16 Required: 17 The company is considering 3 alternative distributions to stockholders. Consider each alternative independently of the At Dec 31 5,000 1.00 5,000 745,000 750,000 980,000 S 1,730,000 18 Complete the table above and show the resulting balances on the stockholders' equity section as a result 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. 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. 22 OR 23 2) Execute a 2-for-1 stock split 24 OR 25 3) Distribute a $5,000 cash dividend. 26 27 28 .+ Sheet1 + 100% Type here to searchStep by Step Solution
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