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Martin Company has the following capital structure: Common Stock, $2 Par, 200,000 share: outstanding, $420,000; Paid-in Capital In Excess of Par- Common Stock, $1,340,000; Retained Earnings, $237,000. How many shares of common stock were issued? 100,000 210,000 670,000 118,500 Martin Company has the following capital structure: Common Stock, $2 Par, 200,000 share outstanding, $420,000; Paid-in Capital In Excess of Par- Common Stock, $1,340,000; Retains Earnings, $237,000. How many shares of common stock are being held in the treasury? 100,000 10,000 200,000 20,000 Branford Company has 8,000 shares of 6%, $50 par, cumulative preferred stock If there is one year's dividends in arrears, how much in dividends must be declared in order the common shares to receive any? $24,000 $72,000 $48,000 Can't be computed What happens when a cash dividend is declared and paid? Assets decrease; stockholders equity decreases There is no change in assets or total stockholders equity Assets decrease; paid in capital decreases Assets decrease; there is no other change What is the final effect of a stock dividend once it's been distributed? Assets decrease; total stockholders equity decreases Assets decrease; total stockholders equity increases No change in assets; no change in retained earnings No change in assets; no change in total stockholders equity