Calculate value of output from the following:
net value added at factor cost 100
Intermediate consumption 75
exise duty 20
Consumption of fixed capital 10
subsidy 5
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Answer:200R
Explanation:
NVAfc = Value of output – IC –dep –NIT 100 = x – 75 – 10 – (20 – 5) X = 100 + 100 Value of output = 200R
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