$3\mathrm{.}2)$ Senten Ltd is deciding whether to pay out R$60000$ in excess cash in the form of an extra dividend or a share repurchase. Current profits are R$3\mathrm{.}00$ per share and the share sells for R$30.$ Their abbreviated balance sheet before paying out the dividend is: Equity $-$ R$240000$ Bank$/$Cash $-$ R$60000$ Debt $-$ R$60000$ Other assets $-$ R$240000300000300000$ Evaluate each alternative $($i$.$e: pay the dividend or repurchase the shares$)$ by calculating: $3\mathrm{.}2\mathrm{.}1$ The number of shares in issue. $(5)3\mathrm{.}2\mathrm{.}2$ The dividends per share $($for the first alternative, i$.$e$.$ pay the dividend$).(5)3\mathrm{.}2\mathrm{.}3$ Calculate: $3\mathrm{.}2\mathrm{.}3\mathrm{.}1$ The New share price $(4)3\mathrm{.}2\mathrm{.}3\mathrm{.}2$ The Earnings per share $(4)3\mathrm{.}2\mathrm{.}3\mathrm{.}3$ The Price$-$earnings ratio $(3)$