Question

Employers contribution to social security =50,depriciation=30,wages and salary=350,interest=150,subsidy=30,royalty=20,rent=30,indirecttax=90,profit=120,NFIA=-10 Calculate operating surplus and GNPmp

Answer 1

Answer:

Simply put, operating surplus is Net value added at FC minus Compensation of employees (traditionally called wages). In other words, operating surplus is sum of rent, interest and profit. Alternatively, operating surplus is income from property (rent + interest) and income from entrepreneurship (profit).