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IndustryArena eMagazineAdvertisement booking Send via fax to +49 2173 89 33 2 22 or email to emagazine@industryarena.comWe would like to place an advertisement in the next issue of IndustryArena magazine Please
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Added value refers to the additional revenue that a company generates after deducting the costs of goods sold (COGS). It represents the economic worth that a business adds to its products or services.
Typically, businesses that have generated a certain level of revenue or those that are subject to value-added tax (VAT) regulations are required to file for added value.
To fill out added value, businesses need to provide detailed financial statements, revenue reports, and any necessary supporting documentation that illustrates the calculations of added value.
The purpose of added value is to measure a company’s efficiency in transforming resources into revenue, and it helps in assessing overall business performance.
Businesses must report their total revenues, costs of goods sold, operating expenses, and any other relevant financial data that impacts the calculation of added value.
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