calculate 'gross value added at factor cost' from the following data: 1 sales tax = (20) 2 sales - Economics - National Income Accounting

Question

calculate 'gross value added at factor cost' from the following
data:
1 sales tax = (20)
2 sales =(400)
3 purchase of raw material =(250)
4 excise duty =(30)
5 change in stocks =(-40)
6 import of raw material = (12)
7 depreciation = (9)

Shvetika S. · Accepted Answer

GVAFC= Sales + Change in Stock - Intermediate
Consumption - Net Indirect Taxes
= 400 + (-40) - 250 - (20 + 30)
= Rs 60

calculate 'gross value added at factor cost' from the following data: 1. sales tax = (20) 2. sales =(400) 3. purchase of raw material =(250) 4. excise duty =(30) 5. change in stocks =(-40) 6. import of raw material = (12) 7. depreciation = (9)

calculate 'gross value added at factor cost' from the following data:

1. sales tax = (20)

2. sales =(400)

3. purchase of raw material =(250)

4. excise duty =(30)

5. change in stocks =(-40)

6. import of raw material = (12)

7. depreciation = (9)