Calculate wie VCHI UUTUU (UUL- significance of this ratio. QUESTION FOUR [20] Memory Makers CC are deciding whether to pay out R90 000 in accumulated cash in the form of an extra dividend to shareholders or embark on a share repurchase scheme. Current profits are R3.40 per share and their shares currently trade for R35. Their abbreviated balance sheet before paying out the dividend is as follows: Equity Debt 350 000 120 000 470 000 Bank/cash other assets 1 30 000 340 000 470 000 Evaluate each alternative (i.e.: pay the dividend or repurchase the shares) by: 4.1 Calculating the number of shares in issue. 4.2 The dividends per share (only for the first alternative, i.e. pay the dividend). 4.3 Calculate the new share price. 4.4 Calculate the EPS. 4.5 Calculate the price-earnings ratio. REGENT BUSINESS SCHOOL (RBS) July 2019