QUESTION TWo (30 MARKS) The Financial officer at RGI wants you to develop an application that will evaluate the company's asset's annual depreciation using the double-declining balance and sum-of-the years' digit method. The Financial officer will enter the asset's cost, useful life (in years), and salvage value (which is the value of the asset at the end of its useful ife). The sample of the application can be seen in Figure 2. The interface provides text boxes for entering the asset cost and salvage value. It also provides a list box for selecting the useful life, which ranges from 3 to 20 years. The depreciation amounts are displayed in the list boxes. (You can use the DOB and SYD functions in Microsoft Excel to verify the amounts shown in Figure 2 are correct). Create a windows form application using the name RGI annual asset depreciation App. You can use the visual basic's Financial.DDB method to calculate the double-declining balance depreciation and use its Financial.SYD method to calculate the sum-of-the-years digit depreciation. The Financial.DD8 method syntax is Financial.DDB (cost, salvage, ife, period). The Financial.SYD method syntax is Financial.SYD (cost, salvage, ife, period). In both syntaxes, the cost, salvage and life arguments are the asset's cost, salvage value and useful life respectively. The period argument is the period for which you want the depreciation amount calculated. Both methods return the depreciation amount as double number. Code the application, save the solution and run the application Budle di Sede Figure 2: Interface for RGl annual asset depreciation App Page 15 of 21
QUESTION TWo (30 MARKS) The Financial officer at RGI wants you to develop an application that will evaluate the company's asset's annual depreciation using the double-declining balance and sum-of-the years' digit method. The Financial officer will enter the asset's cost, useful life (in years), and salvage value (which is the value of the asset at the end of its useful ife). The sample of the application can be seen in Figure 2. The interface provides text boxes for entering the asset cost and salvage value. It also provides a list box for selecting the useful life, which ranges from 3 to 20 years. The depreciation amounts are displayed in the list boxes. (You can use the DOB and SYD functions in Microsoft Excel to verify the amounts shown in Figure 2 are correct). Create a windows form application using the name RGI annual asset depreciation App. You can use the visual basic's Financial.DDB method to calculate the double-declining balance depreciation and use its Financial.SYD method to calculate the sum-of-the-years digit depreciation. The Financial.DD8 method syntax is Financial.DDB (cost, salvage, ife, period). The Financial.SYD method syntax is Financial.SYD (cost, salvage, ife, period). In both syntaxes, the cost, salvage and life arguments are the asset's cost, salvage value and useful life respectively. The period argument is the period for which you want the depreciation amount calculated. Both methods return the depreciation amount as double number. Code the application, save the solution and run the application Budle di Sede Figure 2: Interface for RGl annual asset depreciation App Page 15 of 21
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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