Calculate value added from the following data- array - c - c - WineWine t e x t i P u r c h a s e o f m a c h i n e r y - t e x t t o b e u s e d i n t h e p r o d u c t i o n u n i t - 100 1Wlineii Sales - 200 1 Wine iii Intermediate costs - 90 1 Wlinev Change in stocks - 10 1 Wine vii Stock of raw material - 5 Wline e n d array

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Standard XII

Economics

Demand and Supply of Foreign Exchange

Calculate val...

Question

Calculate value added from the following data:

$\begin{matrix} Items & (Rs. in crore) (i) Purchase of machinery to be used in the production unit & 100 (ii) Sales & 200 (iii) Intermediate costs & 90 (v) Change in stocks & 10 (vi) Excise duty & 6 (vii) Stock of raw material & 5 \end{matrix}$

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Solution

Net value added at factor cost

= Sales + Change in stock - Intermediate costs

= Rs. 200 crore + Rs. 10 crore - Rs. 90 crore

= Rs. 120 crore

Net value added at factor cost = Rs. 120 crore

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$\begin{matrix} Rs. Proft and Loss Balance on 1st April, 2017 & 25, 000 Profit and Loss Balance on 31st March, 2018 & 80, 000 Depreciation on Fixed Assets & 12, 500 Amortisation of Goodwill & 8, 000 Loss on Sale of Machine & 20, 000 Provision for Taxation & 15, 000 Transfer to General Reserve & 30, 000 Decrease in Trade Receivables & 22, 800 Decrease in Trade Payables & 4, 700 Outstanding Expenses on 1st April, 2017 & 5, 000 Outstanding Expenses on 31st March, 2018 & 6, 500 Prepaid Expenses on 1st April, 2017 & 2, 000 \end{matrix}$

Based on Table 1, the balance on the current account is:

Table 1

$\begin{matrix} Exports of goods and services & 1000 Imports of goods and services & 800 Net change in assets owned abroad & 500 Net change in foreign owned assets at home & 400 Unilateral transfers received & 100 Unilateral transfers paid & 200 Investment income paid to foreigners & 300 Investment income received from foreigners & 400 \end{matrix}$

Based on Table 1, the statistical discrepancy is:

Table 1

$\begin{matrix} Exports of goods and services & 1000 Importants of goods and services & 800 Net change in assets owned abroad & 500 Net change in foreign owned assets at home & 400 Unilateral transfers received & 100 Unilateral transfers paid & 200 Investment income paid to foreigners & 300 Investment income received from foreigners & 400 \end{matrix}$

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Calculate value added from the following data: Items(Rs. in crore)(i) Purchase of machineryto be used in the production unit100(ii) Sales200(iii) Intermediate costs90(v) Change in stocks10(vi) Excise duty6(vii) Stock of raw material5

Net value added at factor cost = Sales + Change in stock - Intermediate costs = Rs. 200 crore + Rs. 10 crore - Rs. 90 crore = Rs. 120 crore Net value added at factor cost = Rs. 120 crore

Calculate value added from the following data:

$\begin{matrix} Items & (Rs. in crore) (i) Purchase of machinery to be used in the production unit & 100 (ii) Sales & 200 (iii) Intermediate costs & 90 (v) Change in stocks & 10 (vi) Excise duty & 6 (vii) Stock of raw material & 5 \end{matrix}$

Net value added at factor cost

= Sales + Change in stock - Intermediate costs

= Rs. 200 crore + Rs. 10 crore - Rs. 90 crore

= Rs. 120 crore

Net value added at factor cost = Rs. 120 crore