Question

calculate sales from the following data: net value added at factor cost- 300; netaddition to stocks(- 20) ;GST-30; depreciation- 10; intermediate consumption - 100;subsidy-5

Answer 1

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Answer 2

Sales = 455

Explanation:

Given:

Net value added at factor cost = 300

Net addition to stocks = - 20

GST = 30

Depreciation = 10

Intermediate consumption = 100

Subsidy = 5

Computation of Sales:

Net value added at factor cost + Depreciation + (GST - Subsidy) = Sales + Net addition to stocks - Intermediate consumption

300 + 10 + (30 - 5) = Sales -20 - 100

310 + 25 = Sales - 120

335 = Sales - 120

Sales = 455

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