FIND NVAfc
( Items)
Purchase of raw material - 300
Import duty 20
Excise duty 30
Consumption of fixed capital 10
Value of output 500
Net addition to stock 50
( Items)
Purchase of raw material - 300
Import duty 20
Excise duty 30
Consumption of fixed capital 10
Value of output 500
Net addition to stock 50
Answers & Comments
Verified answer
Answer:
GVAfc = Value of output - Intermediate consumption
= 500 - 300
= 200
NVAfc = GVAfc - deprecation (Consumption of fixed capital)
= 200 - 10
= 190