Net Value Added
Definition: net value added
net value added: the annual value of goods sold and services paid for inside a country, less tax and Government subsidies, and also allowing for the depreciation of capital assets. Abbr NVA. Net value added is an important economic indicator for farmers, reflecting the true economic contribution of their farming operations. Understanding and optimizing net value added can help farmers make informed financial decisions, improve efficiency, and increase profitability. By focusing on value-added products and services, farmers can enhance their income streams and build a more resilient business.
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