Calculate gross value added at market price: (i) Goods and services tax 30 (ii) Sales 800 (iii) Depreciation 50 (iv) Net change in stocks (-)40 (v) Purchase of raw materials 360 (vi) Corporate tax 10
Answered Feb 05, 2023
`GVA_(mp)=ii+iv-v` `=800+(-40)-360` =rs 400lakh.
i. Reducing Balance Method ii. Fixed Asset iii. Installation Charges iv. Profit on Sale of Asset v. Diminishing Balance Method
i. (a) Gross Loss ii. (a) Trading iii. (a) Net Profit iv. (b) less v. (b) Six
Cost of Goods Sold = Opening Stock + Purchases – Purchases Returns + Carriage Inward – Closing Stock = 5,000 + 15,500 – 500 + 1,200 – 18,000 = ₹ 3,200 Gross Profit...
`NVA_(fc)=vi+iii-v-vii-ii-i` `=540+10-20-140-5-25` =rs 360 lakh.
`GVA_(mp)=iv+iii-vii-vi` `=700+20-10-400` =rs 310 lakh.
`NVA_(fc)=ii+iv-vii-iiiv-vi+i` `=500+40-50-200-60-30+5` =rs 205 crore.
`GVA_(mp)=(i+iii+ii)+(vii)-(iv+v+vi)` `=(300+50+100)+(60)-(110+70+30)` =rs 300 lakh.
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.
(a) `GNP_(mp)=x+ii+iv+(v+vi+vii)+xiii+xii+xi` (Income method)=400+20+30+(45+5+10)+(-10)+50+10 =rs 560 crore. (b) `GNP_(mp)=iii+viii+(ix+xi)+i+xiii` (Expenditure method)`=4000+100+(50+10)+10+(-10)` `=400+100+60+10-10` =rs 560 crore.
`GDP_(mp)=(ia+ib+ic)+(va+vb+vc)` `=(NDP_(mp))+(CFC)` `=(700+1000+1000)+(20+50+30)` `=2700+100` =rs 2800 lakh.
Install the Bissoy app to consult with a doctor.
Log in to ask questions, provide answers, or leave comments.