1. Analyze the effects of alternative distributions on stockholders' equity. Cash dividends, stock dividends, and stock splits - Excel FILE Sign In HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri 11 A A % Alignment Number Conditional Format as Cell Formatting Table Styles Cells Editing Paste BIU Clipboard Font Styles A1 fe At December 31, Artists Unlimited Company had the following B D E At December 31, Artists Unlimited Company had the following 2 stockholder's equity components that would be part of the balance sheet: 100% 2 $5,000 Stock for 1 Stock Cash 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 At Dec 31 Dividend Split Dividend 5,000 24 1.00 5,000 745,000 Total Contributed Capital 12 Retained Earnings 13 750,000 980,000 Total Stockholders' Equity 14 15 16 Required: 1,730,000 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 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. 20 123 4
1. Analyze the effects of alternative distributions on stockholders' equity. Cash dividends, stock dividends, and stock splits - Excel FILE Sign In HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Calibri 11 A A % Alignment Number Conditional Format as Cell Formatting Table Styles Cells Editing Paste BIU Clipboard Font Styles A1 fe At December 31, Artists Unlimited Company had the following B D E At December 31, Artists Unlimited Company had the following 2 stockholder's equity components that would be part of the balance sheet: 100% 2 $5,000 Stock for 1 Stock Cash 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 At Dec 31 Dividend Split Dividend 5,000 24 1.00 5,000 745,000 Total Contributed Capital 12 Retained Earnings 13 750,000 980,000 Total Stockholders' Equity 14 15 16 Required: 1,730,000 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 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. 20 123 4
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section18.3: Capital Stock
Problem 1OYO
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