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1. Your firm has total sales of R1 349 800. Costs are R903 500 and depreciation is R42 700. The tax rate is 34%. The

1. Your firm has total sales of R1 349 800. Costs are R903 500 and depreciation is R42 700. The tax rate is 34%. The firm does not have interest expenses. What is the operating cash flow? (a) R129 152 (b) R171 852 (c) R179 924 (d) R309 074 (e) R309 076

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