Financia you to develop application 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 life). 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 DDB 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.DDB method syntax is Financial.DDB (cost, salvage, life, period). The Financial.SYD method syntax is Financial.SYD (cost, salvage, life, 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 RGIT anual aset depreciation App Asset cost so00 Deprecialion schedaden Double declining balancer Sumol the yea's digit Depreciation Salvage valur: 100 Year Depreciation 2.000.00 1200.00 3 720 00 432.00 259.20 Yea 2 1.306.67 Usehd Me 5 326.67 Display depreciation schedules Eit
Financia you to develop application 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 life). 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 DDB 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.DDB method syntax is Financial.DDB (cost, salvage, life, period). The Financial.SYD method syntax is Financial.SYD (cost, salvage, life, 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 RGIT anual aset depreciation App Asset cost so00 Deprecialion schedaden Double declining balancer Sumol the yea's digit Depreciation Salvage valur: 100 Year Depreciation 2.000.00 1200.00 3 720 00 432.00 259.20 Yea 2 1.306.67 Usehd Me 5 326.67 Display depreciation schedules Eit
Programming with Microsoft Visual Basic 2017
8th Edition
ISBN:9781337102124
Author:Diane Zak
Publisher:Diane Zak
Chapter8: Arrays
Section: Chapter Questions
Problem 17E
Related questions
Question
Transcribed Image Text: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 life). 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 DDB 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.DDB method syntax is Financial.DDB (cost, salvage, life,
period). The Financial.SYD method syntax is Financial.SYD (cost, salvage, life, 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
RGIT annual asset depreciation App
Asset cost 5000
Depreciation schedules
Salvage value: 100
Double-declining balances:
Sum-ol-the-gear's digits:
Depreciation
2,000.00
1.200.00
720.00
432.00
259.20
Depreciation
1,633.33
1,306.67
980.00
653.33
326.67
Year
Year
2
Uselul le: 5
4
5
Display depreciation
schedules
Exit
Transcribed Image Text:The sales manager at ITI Hub has asked you to design and implement a Windows application
that will display the total sales made in there three regions in South Africa: Kwazulu-Natal,
Gauteng and Western cape. The application should display the total sales of the company as
well as the percentage that each region contributed to the total sales. Display the sales
amounts with a Rand sign and no decimal places. Display the percentages with a percent
symbol with no decimal places. The sales amounts for six months are shown in Figure 3.
Create a windows application form for this project using the name ITI Hub regional sales.
Store the sales amount in a two-dimensional array. Create a suitable interface with an image
for the project and run the application.
Month
Kwazulu-Natal sales (R)
Gauteng sales (R)
Western cape sales (R)
1.
120,000
90,000
65,000
2
190,000
85,000
64,000
3
175,000
80,000
71,000
4
188,000
83,000
67,000
5
125,000
87,000
65,000
6
163,000
80,000
64,000
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Programming with Microsoft Visual Basic 2017
Computer Science
ISBN:
9781337102124
Author:
Diane Zak
Publisher:
Cengage Learning
Microsoft Visual C#
Computer Science
ISBN:
9781337102100
Author:
Joyce, Farrell.
Publisher:
Cengage Learning,
Programming with Microsoft Visual Basic 2017
Computer Science
ISBN:
9781337102124
Author:
Diane Zak
Publisher:
Cengage Learning
Microsoft Visual C#
Computer Science
ISBN:
9781337102100
Author:
Joyce, Farrell.
Publisher:
Cengage Learning,