Question: Bhekisizwe ( Pty ) Ltd would like to know if they would qualify as a micro business. They received cash amounts relating to catering services

Bhekisizwe (Pty) Ltd would like to know if they would qualify as a micro business. They received cash amounts relating to catering services amounting to R445000 for the period 1 March 2023 to 29 February 2024. Included in this amount is R37000 received in cash from the sale of some catering equipment.
What is Bhekisizwe (Pty) Ltds qualifying turnover for the year ended 29 February 2024?
a.
R124600
b.
R445000

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