Experts pls help me to solve thsi question and explain the formula ised for this methods...
Dear Student,
a. Value of Output = Sales + Change in Stock
= 800 + 100
= 900
b. Gross value added at market price(GVAmp ) = Value of Output - Intermediate Consumption
= 900 - 200
= 700
c. Net Value added at market price(NVAmp ) = GVAmp - Depreciation
= 700 - 50 (consumption of fixed capital)
= 650
d. Net Value added at factor cost = NVAmp - Net indirect tax
= 650 - (75-25)
= 600
Regards,
a. Value of Output = Sales + Change in Stock
= 800 + 100
= 900
b. Gross value added at market price(GVAmp ) = Value of Output - Intermediate Consumption
= 900 - 200
= 700
c. Net Value added at market price(NVAmp ) = GVAmp - Depreciation
= 700 - 50 (consumption of fixed capital)
= 650
d. Net Value added at factor cost = NVAmp - Net indirect tax
= 650 - (75-25)
= 600
Regards,