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xcel Simulation Help Save&Exit I ' , . fr | At December 31, Artists Unlimited Company had the following A1 1 At December 31, Artists
xcel Simulation Help Save&Exit I ' , . fr | At December 31, Artists Unlimited Company had the following A1 1 At December 31, Artists Unlimited Company had the following 2 jstockholder's GI s equity components that would be part of the balance sheet: 100% Stock 2 for 1 Stock 5,000 5 Stockholders' Equity At Dec 31 Dividend Dividend 6 Contributed Capital: 7 Number of common shares outstanding 8Par value per common share 9 Common Stock, at par 5,000 1.00 5,000 745,000 750,000 980,000 S1,730,000 o Additional Paid in Capital 11 Total Contributed Capital 12 Retained Earnings 13Total Stockholders Equity 14 15 16 Required: 17 The company is considering 3 alternative distributions to stockholders. Consider each alternative independently of the others. Complete the table above and show the resulting balances on the stockholders' equity section as a result of these 18 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 22 OR 23 2) Execute a 2-for-1 stock split. 24 OR 25 3) Distribute a $5,000 cash dividend
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