CA Foundation doubt
Google is giving 900 as answer but i think that's not correct so please help me out
Asked by yoooo10 May 2024369 views
7 answers
yoooo · 10 May 2024
okay got it thanks bro
Dipanshu · 10 May 2024
The formula for GVA at MP = sales + change in stock, so there's no role for deducting or adding indirect taxes
yoooo · 10 May 2024
conversion from fc to mp is +NIT I guess
Dipanshu · 10 May 2024
GVA at MP = sales + change in stock
yoooo · 10 May 2024
NVAfc= sales + change in stock -intermediate consumption i.e. 2000-50-1000=950 then, NVAmp= 950+NIT=950+150=1100
Dipanshu · 10 May 2024
2000 +(-)50 -1000 = 950 = GVA at MARKET PRICE, 950-50 = NVA at market price
Dipanshu · 10 May 2024
900 is the answer
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