Question

1. From the following data calculate net value added :
(i) Sales. 500
(ii) Purchase of intermediate products. 350
(iii) Opening Stock. 60
(iv) Indirect taxes. 50
(v) Consumption of fixed capital 900
(vi) Import of raw material. 85
(vii) Closing Stock. 80
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Answer 1

Answer:

NVAFC= Sales + Change in Stock closing stock - opening stock - Purchase of intermediate goods - consumption of fixed captial - Indirect taxes = 500 + [80-60] - 350 - 90 - 50 =500 + 20 - 350 - 140= 520 - 490= Rs. 30 crore.