Question
The following information was extracted from the accounting records of for the first year of the firm's first year of the Explicit forecast period: Gross
The following information was extracted from the accounting records of for the first year of the firm's first year of the Explicit forecast period: Gross profit R440 000 Other operating expenses (R61 000) Depreciation expense (R280 000) Net profit after tax R288 480
The following were non-operating items: Interest income R20.000 Dividend income R30 000 Finance costs R40 000 Company tax rate 28%
Calculate the Gross operating cash flow to the firm using NET PROFIT AFTER TAX (NPAT). Provide workings for answer A R552 880 B. R529.880 C. R272 880 D. R477 369
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