What is the formula of net value added at factor cost?

Open in App

Solution

The formula of Net Value Added (NVA) at factor cost = sales +change in stock – value of intermediate goods – net indirect tax – depreciation. Value added at factor cost is the gross income from operating activities after adjusting for operating subsidies and indirect taxes. It is an indicator in the domain of structural business statistics.

Suggest Corrections

Similar questions

Calculate intermediate consumption from the following data:

$\begin{matrix} Value of output & 400 Net value added at factor cost & 160 Depreciation & 40 Subsidy & 10 Sales tax & 30 \end{matrix}$

Calculate:

(a) GVA at MP

(b) Intermediate consumption from the following data:

$\begin{matrix} Value of output & 400 Net value added at factor cost & 160 Depreciation & 40 Subsidy & 10 Sales tax & 30 \end{matrix}$

55 %

Join BYJU'S Learning Program