Hans bramble, president of bramble corp., believes that it is a good practice for a company to maintain a constant payout of dividends relative to its earnings. last year, net income was $740,000, and the corporation paid $148,000 in dividends. this year, due to some unusual circumstances, the corporation had income of $1,590,000. hans expects next year’s net income to be about $840,000.
1. what was bramble corp.’s payout ratio last year?
2. if it is to maintain the same payout ratio, what amount of dividends would it pay this year?

Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs