What is value added method ?
Answers
Answered by
1
HEY...
VALUE ADDED METHOD-- Value added refers to the addition of value to the raw material (intermediate goods) by a firm, by virtue of its productive activities. It is the contribution of an enterprise to the current flow of goods and services. It is calculated as the difference between value of output and value of intermediate consumption.
HOPE YOU LIKE......
PLEASE MARK AS BRAINALIST ANSWER.....
Answered by
1
Explanation:
Product or value added method is a way of computing the national income of a country. ... This system is also known as output or inventory method. This method calculates national income by adding value to a product at every stage of
Similar questions
Math,
5 months ago
Social Sciences,
5 months ago
Economy,
11 months ago
Physics,
1 year ago
Chemistry,
1 year ago