Question

12
Calculate net value added at factor cost from the data given below
R in lakhs)
(i) Opening stock
300
(ii) Closing stock
200
(iii) Indirect taxes
70
(iv) Subsidies
20
(v) Sales
15,000
(vi) Depreciation
80
(vii) Intermediate consumption expenditure
8.000
​

Answer 1

Answer:

Explanation:

Sales.                                         15000

(+)change in stock.                     -100

(200-300=-100)

(-)Intermediate consumption    8000

(-)depreciation.                           80

(-)net indirect tax.                       50

(indirect tax-subsidies)

Net Value Added at fc=6770

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