Answer Happy

1,730,000 in this example. If using the other math symbols the result would output an appropriate answer for its functio 5 X 5 Cash dividends, stock dividends, and stock splits - Excel ? 5 Х 4 nts FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In X Calibri 11 A A % Paste BIU- A- Alignment Number Cells Conditional Format as Cell Formatting Table Styles Styles eBook Clipboard Font A1 V x fax At December 31, Artists Unlimited Company had the following Print G references 13 A B с 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% $5,000 4 Stock for 1 Stock Cash 5 Stockholders' Equity At Dec 31 Dividend Split Dividend 6 Contributed Capital: 7 Number of common shares outstanding 5,000 8 Par value per common share $ 1.00 9 Common Stock, at par S 5,000 10 Additional Paid in Capital 745,000 11 Total Contributed Capital 750,000 12 Retained Earnings 980,000 Total Stockholders' Equity $ 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 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 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 29 Sheet1 + + 10% READY Attempt(s)