al Management End of Chapter Questions i extra dividend or a share repurchase. Current profits are R3,00 p n Their abreviated balance sheet before paying out the dividend is: Postgraduate Diploma in Management lieries is deciding whether to pay out R60 000 in excess cash in the sh in the form er share and the share sells for 240 000 Equity Bank/cash 60000 240 000 300 000 Debt other assets 300 000 Ealuate each alternative (i.e.: pay the dividend or repurchase the shares) by: 11. Calculating the number of shares in issue. 12. The dividends per share (for the first altemative, i.e. pay the dividend) 13. Calculate: 13.1. The new share price. 132. The EPS 13.3. The price-earnings ratio