QUESTION $1$

Fastspeed Couriers has experienced one of their toughest years yet. They are deciding whether to pay out $R80000$ in accumulated cash in the form of an extra dividend to shareholders or embark on a share repurchase campaign. Current profits are $R3\mathrm{.}40$ per share and the share sells for R$36.$ Their abbreviated balance sheet before paying out the dividend is as follows:

$\backslash$table$[[$Equity$,310000,$Bank$/$cash$,100000],[$Debt$,{70000}_{?},$other assets,${280000}_{?}$