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Fayer Corporation has provided the following financial data:
Dividends on common stock during Year 2 totaled $4,500. The market price of common stock at the end of Year 2 was $10.88 per share. The company's equity multiplier at the end of Year 2 is closest to:
Self-Handicapping
A cognitive strategy by which individuals avoid effort in the hopes of keeping potential failure from hurting self-esteem.
Anticipatory Excuses
Refers to justifications provided in advance of an action to preemptively excuse or rationalize possible failure or poor performance.
Social Psychological
Pertaining to the scientific study of how individuals think, feel, and behave in social contexts.
Social Categorization
The process of classifying people into groups based on shared characteristics such as nationality, race, or gender.
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