National Income...

In small sector net value added is estimated by ________.

Inventories are assets __________________.

Mixed income refers to the income of: ______.

Which of these is not a feature of a Capitalist economy?

If at the beginning and ending of the period, goods inventories are $$Rs. 400$$ and $$Rs. 700$$ respectively and cost of goods sold is $$Rs 3400$$. Then net purchases are __________.

Inventory is valued at _____________.

Which one of the following statements are correct?
(i) Inventory includes raw materials, finished goods and goods in process
(ii) Inventory is a part of the working capital
(iii) Inventory includes goods likely to be purchased in the coming months
Select the correct answer using the codes given below.

Given Real GDP 9% and rate of inflation 2.25%, the norminal GDP will be ___.

Accounting policy for inventories of an enterprise is, 'Inventories are valued at the lower of cost or the net realizable value.' Which accounting principle is followed by the enterprise?

Cost of inventories includes ___________________.