In a given year, suppose a company spends $100 million on intermediate goods and $200 million on wages, with no other expenses. Also assume that its total sales are $800 million. The value added by this company equals

ABC Computer Company has a $20 million factory in Silicon Valley in which in builds computer components. During the current year, ABC's costs are labor (wages) of $1.1 million; interest on debt of $0.2 million; and taxes of $0.1 million. ABC sells all its output to XYZ Supercomputer for $2.0 million. Using ABC's components, XYZ builds four supercomputers at a cost of $0.800 million each, which comes from $0.500 million worth of components, $0.2 million in labor costs, and $0.1 million in taxes per computer. XYZ has a $30 million factory. XYZ sells three of the supercomputers to other businesses for $1.0 million each. At year's end, it had not sold the fourth. The unsold computer is carried on XYZ's books as a $0.800 million increase in inventory. According to the product approach, the total GDP contribution of these companies is $ 3.8 million. According to the expenditure approach, since the three supercomputers are sold to businesses, XYZ's sales are counted as investment computer is…

Calculate the value of gross value added at market price when it's given that the value of output is $800 million and the intermediate consumption is $380 million in the Economy

Using the following information, what is the amount of gross profit? $33,779 6,886 576 551 Purchases Merchandise inventory, September 1 Administrative expenses Rent revenue Oa. $86,957 Ob. $24,048 Oc. $55,982 Od. $25,007 Selling expenses Merchandise inventory, September 30 Sales Interest expense