Question
Calculate sales from the following data:
(र in lakhs)
(i) Net value added at FC 300
(ii) Intermediate consumption 200
(iii) Indirect tax 20
(iv) Depreciation 30
(v) Change in stocks (-) 50
Solution
Gross value added at MP = Sales + Change in stocks - Intermediate consumption
Sales = (NVA at FC + Depreciation + Indirect tax) - Change in stocks + Intermediate consumption
= (300 + 30 + 20) - (-50) + 200
= र 600 lakhs.
