Value Added Tax

Calculate the Net Value Added at Factor Cost: (i) Goods and services tax 25 (ii) Consumption of ifxed capital 5 (iii) Closing stock 10 (iv) Corporate tax 15 (v) Opening stock 20 (vi) Sales 540 (Vii) Purchases of raw materials 140

Product Or Value Added Method

Calculate gross value added at market price: (i) Goods and services tax 30 (ii) Sales 800 (iii) Depreciation 50 (iv) Net change in stocks (-)40 (v) Purchase of raw materials 360 (vi) Corporate tax 10

Value-added means value of

Value added services' implies

Value added services means ______ .