QUESTION $1$

$1\mathrm{.}1$ The following information has been extracted from the accounting records of

JUMP LTD for the year ended $29$ February $2024.$

INFORMATION

NB : Interim Dividends paid, R$420000$

REQUIRED :

Prepare the following Cash Flow Disclosure:

Cash generated from Operating Activities using the Indirect method.

$1\mathrm{.}2$ The company Income Tax at $28\%$ amounted to R$276360.$

Calculate the Net Profit before Tax and the Net Profit after Tax.