Calculate ‘‘NVAfc’’ (i) Sales 400 (ii) Change in stock

Question

Calculate ‘‘NVAfc’’	( in Lakhs)
(i) Sales	(i) Sales 400
(ii) Change in stock	(–) 20
(iii) Intermediate consumption	200
(iv) Net indirect taxes	40
(v) Exports	50
(vi) Depreciation	3

Answer 1

NVAfc = sales + change in stock – Intermediate 

consumption – depreciation – NIT

= 400 + (-20) – 200 – 30 – 40 

NVAfc = 110