National Income Part 6 and 7 Sunil Panda Sir
National Income Part 6 and 7 Sunil Panda Sir
National Income Part 6 and 7 Sunil Panda Sir
PART 6
INCOME METHOD
TERM 2
ECONOMICS
SUNIL PANDA COMMERCE CLASSES
SUNIL PANDA COMMERCE CLASSES
Q.1) Calculate NNPmp
(i) Undistributed profits 20
(ii) Compensation of employees 800
(iii) Rent 300
(iv) Dividend 100
(v) Royalty 40
(vi) Corporation Tax 50
(vii) Interest 400
(viii) Depreciation 70
(ix) Net factcor income from abroad (–) 10
(x) Net indirect tax 60
SUNIL PANDA COMMERCE CLASSES
(i) Rent 80
(ii) Consumption of fixed capital 40
(iii) Interest 100
Q.2) Calculate National Income
(iv) Profits 210
(v) Tax on profits 30
(vi) Employer’s contribution to social security schemes 25
(vii) Mixed income self employed 250
(viii) Net indirect tax 60
(ix) Employee contributions to social security schemes 50
(x) Wages and salaries in cash 700
(xi) Wages & Salaries in kind 100
(xii) Net factor income from abroad (–) 20
SUNIL PANDA COMMERCE CLASSES
SUNIL PANDA COMMERCE CLASSES
Q.3) Calculate Operating Surplus
(i) Compensation of employees 110
(ii) Net indirect taxes 150
(iii) Depreciation 50
(iv) Net factor income from rest of the world 155
(v) Income from entrepreneurship and property from rest of
the world 75
(vi) Gross domestic product at market price 1,050
(vii) Mixed income of self-employed 500