How does Schumpeter explain both the long run evolution of the capitalist system and fluctuations in economic activity (business cycles) in terms of a theory of innovation? In your answer carefully explain the key features of innovation including how it represents the source of capitalist profits according to Schumpeter. How is Schumpeter’s prediction of the eventual end to capitalism and transition to socialism different from Marx’s? try to be detailed.

the table gives a total U.S expenditure for health services and supplies selected years from 2000 and projected to 2018.

year $(billion)

2000 1264

2002 1498

2004 1733

2006 1976

2008 2227

2010 2458

2012 2746

2014 3107

2016 3556

2018 4086

a. find an exponential function model to these data, with x equal to the number of years after 2000. b) use the model to estimate the U.S expenditure for health services and supplies in 2020.

2.The percent of boys age x or younger who have been seually active are given below.

Age cumulative percent seuual active girls cumulative percent sexual active boys

15 5.4 16.6

16 12.6 28.7

17 27.1 47.9

18 44.0 64.0

19 62.9 77.6

20 73.6 83.0

a). Creat a logarithmic function that model the data using an input equal to the age of the boys.

b) use the model to estimate the percent of boys age 17 or younger who have been seually active

c. compare the percent that are sexually active for the two genders, what do you conclude.

3). if $12000 is invested in an account that pays 8% interest, compounded quaterly, find the future value of this investment

a) after 2 year. b) after 10 years.

4).if $9000 is invested in an account that pays 8% interest, compounded quaterly . find the future value of this investment

a) after 0.5 year b)after 15 years

5. Grandparents decide to put a lump sum of money into a trust fund on their gtanddaughters 10th birthday so that she will have $1000000 on her 60th birthday. if the fund pays 11% compounded monthly. how much money must they put in the account.

6.At the end of t years the future value of an investment of $25000 in an account that pays 12% compounded quaterly is

S=25000(1+0.12 /4t )^4t dollars.. a) How many years will the investment amount to $60000.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box).

Balance Sheet December 31, 2010 Cash and marketable securities $102,000 Accounts payable $287,000 Accounts receivable $299,000 Notes payable $61,200 Inventories $628,000 Accrued expenses $51,900 Prepaid expenses $10,300 Total current liabilities $400,100 Total current assets $1,039,300 Long-term debt $415,000 Gross fixed assets $1,502,000 Par value and paid-in-capital $376,000 Less: accumulated depreciation $312,000 Retained Earnings $1,038,200 Net fixed assets $1,190,000 Common Equity 1,414,200 Total assets $2,229,300 Total liabilities and owner’s equity $2,229,300 Income statement, Year of 2010 Net sales (all credit) $6,387,700.00 Less: Cost of goods sold $4,726,898.00 Selling and administrative expenses $345,000.00 Depreciation expense $148,000.00 EBIT $1,167,802.00 Interest expense $50,600.00 Earnings before taxes $1,117,202.00 Income taxes $446,880.80 Net income $670,321.20

1. There is a golf tournament in the US that started in 1895. That first year the winner received $150. In 2010, the winner received $1,350,000.
   1. What was the percentage increase per year, from 1895 to 2010, over that period of 115 years?

2. If the winner’s prize continues to increase at the same rate, what will it be in the year 2040, or 30 years from now?

2. First Simple Bank pays 6% simple interest on its account balances. Second Compound Bank pays 6% interest compounded annually. If you made a $57,000 deposit in each bank, how much more money would you earn from your Second Compound Bank account at the end of 10 years?

3. You want to buy a Ferrari that only costs $195,000. You’ve already saved $45,000 and plan to invest it today, in an account that pays 5.3% annual interest. If you don’t touch this money, nor add any additional funds into the account, how long will it be before you can buy your Ferrari?

Write Java code that allows a user to repeatedly enter numbers. Each time the user enters a number, the program should print out the average of the last 3 numbers (or all numbers if 3 or less have been entered). I would like a detailed explanation so that a beginner level Java programmer could understand.

How many registers are there in ARM CPU for programmer to use?

Which registers can you use for general computation?

Which register are special purpose, and cannot be used for general computation?

What is the size, i.e. number of bits, each of these general purpose registers can hold?

Which are most useful flags in the current program status register?

The following information relates to Bailey Ltd a retail business selling office furniture.

The table below provides the sales and purchases for the company:

Additional information includes:

• Cash sales are 20% each month.
• Credit sales are expected to be collected 60% one month after sale, 20% two months after the sale and 15% 3 months after the month of sale.
• Accounts Payable is settled 40% one month after purchase and the balance is paid two months after purchase. All purchases are on credit.
• Cash payments for expenses are 10% of each month’s sales.
• Depreciation on the machines for January 2020 is estimated to be $2,000.
• The cash balance on 31 December 2019 is $5,400.
• The company wishes to maintain a monthly minimum balance of 10,000 and has a line of credit arrangement with Greater Bank.     

Required:

(a) Prepare the Cash Budget for the month of January 2020.
(b) Explain any two key changes you would make to the Cash Budget to ensure better cash management in the company.

1. The information below is about ACT Fast Enterprise for the year ended 31 December 2020.

Debtors (before bad debt write off)                                            RM240,000

Bad debt write off                                                                     RM5,000

Balance Allowance Doubtful Debt Account on 31 Dec 2019        RM500 (credit)

Based on experience, ACT Fast Enterprise expects that uncollectible debt is 5% from the debtors balance.

Required:

1. Show the journal entries for all relevant transactions above.

2. Prepare the ledger for allowance for doubtful debt showing balance on 31 December 2020.

3. Show extracts of Profit or Loss Account for the year ended 31 December 2020 and extract of the Balance Sheet as of that date.