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Pukri ltd is deciding whether to pay R90 000 in excess cash in firm of an extra dividend or a share repurchase

Accounting Sep 16, 2020

Pukri ltd is deciding whether to pay R90 000 in excess cash in firm of an extra dividend or a share repurchase. Current profits are R2,50 per share sales for R20. Abbreviated balance sheet before paying out the dividend is:
Equity 240000
Cash 90 000
Dat 160000
Othere assets 310000
1. Calculate number off shares in issue
2. The dividends per share
3. The new share price
4. The EPS
5. The price earnings ratio

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