View Policies Current Attempt in Progress Hans Blue, president of Blue Spruce 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 $510,000, and the corporation paid $102,000 in dividends. This year, due to some unusual circumstances, the corporation had income of $1,360,000. Hans expects next year's net income to be about $610.000. What was Blue Spruce Corps payout ratio last year? If it is to maintain the same payout ratio, what amount of dividends would it pay this year? (Round answers to 0 decimal places, e.g. 125.) Payout ratio-last year % Dividends paid this year $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit