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KC Ltd is deciding whether to pay out R100 000 in excess cash in the form of an extra dividend or implement a share repurchase.

KC Ltd is deciding whether to pay out R100 000 in excess cash in the form of an extra

dividend or implement a share repurchase. Net profit after tax is R155 000 and the share

sells for R10. Their summarized statement of Financial Position prior to the dividend

payment is as follows:

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