Filmore Corporation is authorized to issue 20,000 shares of no-par common stock. The company issued 12,000 shares of common stock on January 1 of the current year at $3 per share. On January 15 of the current year, the company issued another 4300 shares at $5 per share. What is the additional amount of stockholders' equity for the month of January from the issuance of common stock? A) $57,500 B) $36,000 C) $100,000 D) $60,000 The price/earnings ratio is commonly used by investors to A) determine the market value of the company B) evaluate their ability to earn a return on their investment C) determine if the company has a low amount of debt OD) determine the market price per share of stock of a company Adams Corporation received cash from issuing 21 shares of common stock at par on January 1, 2018. The stock has a par value of $2 per share. Which is the correct journal entry to record this transaction? A) Cash 42 Common Stock - $2 Par Value 42 B) Common Stock - $2 Par Vale Cash 21 21 OC) Common Stock - $2 Par Vale 42 Cash 42 D) Cash 21 Common Stock - $2 Par Value 21 Thompson Company's common stock carries a par value of $1 per share. The company is authorized to issue an additional 19,000 shares of common stock. What would the journal entry be for the issuance of 1300 shares of common stock at par value? A) Cash 1300 Common Stock - $1 Par Value 1300 B) Common Stock - $1 Par Vale 19,000 Cash 19,000 C) Cash 19,000 Common Stock - $1 Par Value 19,000 D) Common Stock - $1 Par Vale 1300 Cash 1300