Value added can be determined by subtracting the purchase of intermediate products from the value of the sales of final products.
Sales and profits are two of the most important aspects of any business. Without sales, there would be no revenue and without profit, there would be no company. Sales and profit go hand-in-hand, and both need to be managed in order for a business to be successful.
Sales are the lifeblood of any business, and need to be constantly monitored in order to ensure that targets are being met. The sales team need to be motivated and incentivized in order to keep them performing at their best.
Hence, the correct option is "B".
The question is incomplete, the complete question is:
Value added can be determined by:
A. summing the profits of all enterprises in the economy.
B. subtracting the purchase of intermediate products from the value of the sales of final products.
C. calculating the year-to-year changes in real GDP.
D. deflating nominal GDP.
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