Question
From the following data about firm 'X', calculate gross value added at FC by it.
|
(र in thousands) |
||
|
(i) |
Sales |
500 |
|
(ii) |
Opening Stock |
30 |
|
(iii) |
Closing stock |
20 |
|
(iv) |
Purchase of intermediate products |
300 |
|
(v) |
Purchase of machinery |
150 |
|
(vi) |
Subsidy |
40 |
Solution
Gross value added = (i) + (iii - ii) - (iv)
= 500 + (20 - 30) - 300 = 190
Gross value added at FC = 190 + 40 subsidy = 230 thousands.
