calculate the net value added at the market price of a firm::-. sale:-400,change in stock- (-)20, depreciation-30,Net indirect tax-40, purchase of machinery-200, purchase of an intermediate products-250
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From the following data about firm 'A', calculate net value added at market price by it.
( in thousands)
(i) Sales
700
(ii) Change in stock 40
(iii) Depreciation
80
(iv) Net indirect taxes 100
(v) Purchase of machinery
250
(vi) Purchase of intermediate products
400
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NVA at MP = (700+40) - 400 - 80 = 260 thousands.
Note: Purchase of machinery is not included as it is a durable asset to be used in future production
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