The Net Income of Hollywood Talent Services Is $26,000

question 70

Multiple Choice

The net income of Hollywood Talent Services is $26,000. The beginning and ending stockholders' equity balances were $35,000 and $56,000, respectively. The company issued no common stock. Calculate the amount of dividends.

• A) $15,000
• B) $5,000
• C) $9,000
• D) $8,000

---

Definitions:

Compulsions

Repetitive behaviors or mental acts that an individual feels driven to perform in response to an obsession, or according to rigid rules.

Post-Traumatic Stress Disorder

A psychological disorder resulting from direct exposure to or observation of a horrifying incident, characterized by reoccurring flashbacks, distressing dreams, and intense fear.

Recurrent Dreams

Dreams that repeatedly occur over time, often reflecting underlying themes or unresolved issues in an individual's life.

Vietnam War Veterans

Individuals who served in the military forces during the Vietnam War, a prolonged conflict that took place from 1955 to 1975, involving North Vietnam and its allies against South Vietnam and its allies, including the United States.