7. Calculate Gross Value Added at factor cost from the following data
1)
Number of units sold
1.000
1)
Price per unit
10
Depreciation 500
iv
Purchase or inputs 4000
v)
Indirectantes
RS200
Vi
Subsidies 30
vii
Increase in stock
RS20
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Answer:
"Gross Value Added at Factor Cost by Firm X
= Sales + Change in stock (Closing stock – Opening stock) + Subsidy – Purchase of intermediate products
= 10020 - 4000 - 200 + 30 - 500
= 5350
Ans. Gross value added at factor cost by firm X = 5350."
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