NY Fashions Has the Following Data

question 34

Multiple Choice

NY Fashions has the following data. If it follows the residual dividend model, how much total dividends, if any, will it pay out?

• A) $20,363
• B) $21,434
• C) $22,563
• D) $23,750
• E) $25,000

---

Definitions:

Defensive Style

The characteristic manner in which an individual habitually copes with stress, threats, and conflicts, often through specific defense mechanisms.

Unconscious Defense Mechanisms

Tactics used by the subconscious mind to alter, deny, or twist reality to guard against anxiety and undesirable tendencies.

Denial

A defense mechanism where confrontation with a reality or fact is avoided by denying the existence of the problem or reality.

Sublimation

A psychological defense mechanism where socially unacceptable impulses are transformed into socially acceptable actions or behavior.