Calculate 'Sales' from the following data: | ||
(Rs. in lakhs) | ||
(i) | Subsidies | 200 |
(ii) | Opening stock | 100 |
(iii) | Closing stock | 600 |
(iv) | Intermediate consumption | 3,000 |
(v) | Consumption of fixed capital | 700 |
(vi) | Profit | 750 |
(vii) | Net value added at factor cost | 2,000 |
Answer:
\[GD{{P}_{mp}}\] = \[ND{{P}_{FC}}\] - Subsidies + Depreciation
\[=2000-200+700\]
= Rs. 2,500 lakhs
Now,
\[GD{{P}_{mp}}\]= Sales + (Closing Stock - Opening Stock) - Intermediate Consumption
Or, Sales = \[GD{{P}_{mp}}\] - (Closing Stock - Opening Stock) + Intermediate Consumption
\[=2,500-(600-100)+3000\]
= Rs. 5,000 lakhs
You need to login to perform this action.
You will be redirected in
3 sec