the difference between the total revenues of a firm, industry, etc, and its total purchases from other firms, industries, etc. The aggregate of values added throughout an economy (gross value added) represents that economy's gross domestic product
value added in Accounting
(vælyu ædɪd)
noun
(Accounting: Management)
Value added is the difference between the cost of goods purchased by a business and its revenue.
Sales volume is less important than value added.
The ranking is based on market value added, which is the difference between the capital invested in a company and its marketvaluation.
Value added is the difference between the cost of goods purchased by a business and its revenue.