Calculate the Net Value Added at Factor Cost: (i) Goods and services tax 25 (ii) Consumption of ifxed capital 5 (iii) Closing stock 10 (iv) Corporate tax 15 (v) Opening stock 20 (vi) Sales 540 (Vii) Purchases of raw materials 140
Answered Feb 05, 2023
`NVA_(fc)=vi+iii-v-vii-ii-i` `=540+10-20-140-5-25` =rs 360 lakh.
Net Profit Before Tax – Tax paid = Net Profit After Tax x – 30/100 (x) = ₹7,00,000 x = ₹ 7,00,000 (100/70) x = ₹ 10,00,000 Net Profit Before...
`GVA_(mp)=iv+iii-vii-vi` `=700+20-10-400` =rs 310 lakh.
`GVA_(mp)=ii+iv-v` `=800+(-40)-360` =rs 400lakh.
VA by X=v+i-iv-vi-ix =300+20-5-100-50 =rs 165 lakh V.A. by `Y=viii+ii-iii-vii` `=250+15-10-80` =rs 175lakh
`NVA_(fc)=ii+iv-vii-iiiv-vi+i` `=500+40-50-200-60-30+5` =rs 205 crore.
V.O.=ii+(vii-iv) `=1000+(200-200)` =rs 1000 lakhs `NVA_(fc)=V.O.-viii-vi-i+ix` `=1000-600-50-100+40` =rs 290 lakh.
`NVA_(fc)`=sales-Purchases etc.-I.T.-CFC `=75000-3000-7500-2500` =rs 35,000
`GNP_(fc)=viii+iii+(i+vi+ii-v)+vii+x.-iv` `=1500+200+(350+50+100-60)+(-10)+(-10)-50` `=1500+200+440-10-10-50` =rs 2070 crore.
`GDP_(mp)=iii+vii+(x+i)+(vi-viii)` `=500+200+(300+50)+(25-40)` `=500+200+350+(-15)` =rs 1035 crore.
This statement is True. Barter means exchange of goods or services for goods or services. No money is involved in barter transactions.
Install the Bissoy app to consult with a doctor.
Log in to ask questions, provide answers, or leave comments.