NY Fashions Has the Following Data

question 57

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:

Whistleblowing

The act of exposing any kind of information or activity within a private, public, or government organization that is deemed illegal, unethical, or not correct.

Stakeholder Social Responsibility

The duty and ethical obligation of an organization to consider and respond to the needs and interests of its stakeholders, including customers, employees, and the wider community.

Social Responsibility

The practice of acting ethically while understanding your actions are part of the larger, interactive picture of your workplace, community, and world.

Corporate Responsibility

The ethical obligation of a company to act in ways that benefit society and the environment, beyond its business interests.