Answer: Determines the standard of life of a nation over the long term.
Explanation:
Economists believe that the economic growth of a country determines the standard of living of its people over the long term which is why measures such as GDP per capita exist. 
They argue that if the economy is growing, more wealth will be created for citizens to access and the higher production of goods and services will give citizens more choice on what to buy to be able to improve their standard of living. 
 
        
             
        
        
        
Answer:
See explanation section
Explanation:
Req. A & B
If there is an increase in the net income over the year, the company is in profitability condition. As Omega industries are getting increased net income, it suggests their profitability.
EVM or enterprise value multiplier allows a company to compare the capital structure that the company uses. It is commonly used for valuing a business.
Req. C, D & E
In a financial plan, if the sales increase, it should be because of increasing working capital and fixed assets. We know, additional assets can generate more revenues.
A firm can collect approximately 8% of its annual sales at any given time. It can be found through the following way-
since the days' sales in receivables for 30 days in a year, the percentage of annual sales = (30 ÷ 365) × 100 = 8.22% or 8%
 
        
             
        
        
        
Answer:
Company A and Company B
Calculation of Goodwill on Acquisition:
= $212,433
Explanation:
a) Current market value of:
  Tangible physical assets = $1,234,567
   Intangible asset =                 $125,000
Total assets' value =            $1,359,567
less Liabilities:
   Operating =  $160,000
   Financial =     600,000      ($760,000)
Net value of assets =             $599,567
Purchase Price (Company B) $812,000
Goodwill                                  $212,433
b) Company A acquired Goodwill when it bought over Company B.  This is an intangible asset which is calculated by subtracting the net value of assets (the difference between the fair market value of the assets and liabilities) from the purchase price of the acquired subsidiary.
 
        
             
        
        
        
Answer: The amount of sales required to realize an operating income of $200 000 is a. 10,769 units.
Explanation: We can solve it with a simple equation:
200 000 = 240x - 1 200 000 - 110x
200 000 + 1 200 000 = 240x - 110x
1 400 000 = 130x
1 400 000 / 130 = x
10769, 23077 = x
We check: 240 . 10769,23077 - 1 200 000 - 110 . 10769,23077  = 200000 √