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

Question

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The Answer of 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

NY Fashions Has the Following Data