212 Views

Question : Calculate ‘Sales’ from the following data:

Net value added at factor cost = 560, Depreciation = 60, Change in stock = (-) 30, Intermediate cost = 1000, Exports = 200, Indirect taxes = 60

Option 1: 1700

Option 2: 1705

Option 3: 1710

Option 4: 1715


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: 1710


Solution : The correct answer is (c) 1710

To calculate Sales, we can use the following formula:

Sales = Net Value Added at factor cost + Depreciation + Indirect taxes - (-Change in stock) + Intermediate cost 

Given the data:

Net Value Added at factor cost = 560

Depreciation = 60

Change in stock = (-) 30

Intermediate cost = 1000

Exports = 200

Indirect taxes = 60

Sales = 560 + 60 + 60 - (-30) + 1000 

Sales = 1710

Therefore, the value of Sales is 1710

 

Related Questions

Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
IBSAT 2025-ICFAI Business Sch...
Apply
IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books