Question

on the basis of the following data prove that net value added at factor cost is equals to Income generated addition to stock is equals to 1000 sales is equals to 10000 net indirect tax is equals to 800 purchase of raw material is equals to 1650 expenses on power is equals to 850 rent is equals to 700 consumption of fixed capital is equals to 500 compensation of employees equals to 3500 interest is equals to 1000 is equals to 1500 corporate gains tax is equals to 300 undistributed profit is equals to 200​

Answer 1

Explanation:

compensation of employees 3500

operating surplus:

rent 700

interest 1000

dividend 1500

cooperate tax 300

undistributed profit 200 3700

NDP at FC 7200

sales 10000

+change in stock=1000

output 11000

Less purchase

(1650+850) 2500

GDP at Mp 8500

less dep 500

less NIT 800 1300

NDP at FC 7200