Please answer this question
Dear Student,
Value added by firm X= Sales+Change in stock- Purchases
=600+(40-10)-(200+100)
=600+30-300
=Rs 330 Lakhs
Import of machinery is not an intermediate consumption and hence will not be included
Change in stock= Closing stock- Opening stock
Regards
Value added by firm X= Sales+Change in stock- Purchases
=600+(40-10)-(200+100)
=600+30-300
=Rs 330 Lakhs
Import of machinery is not an intermediate consumption and hence will not be included
Change in stock= Closing stock- Opening stock
Regards