Find out Value added by Firm B from the following data:
| Purchases by Firm B from Firm A | 30 |
| Sales by Firm B to Firm C | 25 |
| Sales by Firm B to households | 35 |
| Opening stock of Firm B | 5 |
| Opening stock of Firm C | 10 |
| Closing stock of Firm B | 10 |
| Purchases by Firm B from Firm D | 15 |
| Exports by Firm B | 20 |
Dear Student,
Value added by firm B = Sales by firm B To firm C + Sales by firm B to households - Purchases by firm B from Firm A - Purchases by firm B from firm D + Change in stock( closing stock- opening stock)
= 25+35-30-15 + (10-5)
= 65-45
=20
Hope this information ma clear your doubts on this topic.
If you have any more doubts just ask on the forum and our experts will try to help you out as soon as possible.
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Value added by firm B = Sales by firm B To firm C + Sales by firm B to households - Purchases by firm B from Firm A - Purchases by firm B from firm D + Change in stock( closing stock- opening stock)
= 25+35-30-15 + (10-5)
= 65-45
=20
Hope this information ma clear your doubts on this topic.
If you have any more doubts just ask on the forum and our experts will try to help you out as soon as possible.
Regards