Hans grouper, president of grouper 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 $560,000, and the corporation paid $100,800 in dividends. this year, due to some unusual circumstances, the corporation had income of $1,410,000. hans expects next year’s net income to be about $660,000.

a. what was grouper corporation's payout ratio last year?
b. if it is to maintain the same payout ratio, what amount of dividends would it pay this year?

Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)