From the following data, find out value added by firm X: (i) Sales by firm Y to firm X 400 (ii) Sales by firm X to households 500 (iii) Purchases by firm Z from firm X 300 (iv) Opening stock of firm X 25 (v) Closing stock of firm X 75
Answered Feb 05, 2023
`GVA_(mp)` by X=(ii+iii)+(v-iv)-(i) `=(500+300)+(75-25)-400` =rs 450lakh.
Gross Price = ₹ 1,60,000 Less: 10% T.D. = ₹ 16,000 Net Price = ₹ 1,44,000 Less: 5% C.D. = ₹ 7,200 Net Purchases = ₹ 1,36,800
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...
Correct Answer - Coordination.
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
V.A. by `A=i+viii-ix-vii` `=40+20-10-20` =rs 30 lakh V.A. by `B=ii+vi-v-i-iii` =`80+20-15-40-10` =rs 35lakh
`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.
`NVA_(fc)`=sales-Purchases etc.-I.T.-CFC `=75000-3000-7500-2500` =rs 35,000
Q1 = 1862.64, D5 = 2666.67, P45 = 2500
Log in to ask questions, provide answers, or leave comments.
Install the Bissoy app to consult with a doctor.