The net income of Avid Camera Services is $20,000. The beginning and ending stockholders' equity balances were $36,000 and $54,000, respectively. The company issued no common stock. Calculate the amount of dividends.
A) $12,000
B) $2,000
C) $16,000
D) $15,000

Answer rating: 100% (QA)

Net Income 20000 The Beginning and ... View the full answer