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From the following data calculate net value added at factor cost (NVAFC)- Items*(in Lakh)[i] Subsidy30[ii] Sales700[iii] Depreciation20[iv] Exports90[v] Closing Stock10[vi] Opening stock40[vii] Intermediate purchases400(viii] Purchase of machinery for own use 300[ix] Import of raw material70 |
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Answer» Rs. 670 CroresNet Value Added at Factor Cost=Total Sales + Production for SELF Consumption- DECREASE in Stock - Purchase of raw materials - ELECTRICITY Charges- (GST-Subsidy)= 1000+120-70-300-50-(70-40)=Rs. 670 Crores |
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