Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask C/C++ Expert


Home >> C/C++

Current Ratio - Assignment Specifications

In this assignment, you develop a program to produce a current ratio report.

The current ratio is used in accounting to measure a company's financial condition. To compute the ratio, one divides the company's current assets by the current liabilities. Here is a sample set of data (2010 to 2012). The first line is the company name, appearing in column one (a maximum of 30 characters in length). In each subsequent line, the first number (starting in column 1) represents the current assets and the second number (starting in column 10) represents current liabilities. Here is some sample data to use (no blank line appears in the data file at the beginning)

Hi-Tech    Leisure Products
47900          31007
34500          9100
57984          14822

You should write a batch (file input) program that reads this data in this format (laid out as you see it above, on four lines) from a textfile, then produces a report (sent to a disk file) that displays it along with the current ratio for each year. Assume 2010, 2011, and 2012 are the three years in question. Here's sample output for the data you see above:

Hi-Tech Leisure Products

Current Ratio Report

                 Current            Current          Current
Year            Assets            Liabilities        Ratio
----------------------------------------------------------
2010              47900             31007             1.54
2011              34500              9100             3.79
2012              57984             14822             3.91
----------------------------------------------------------

Average           46795             18310             3.08

The data will allows be whole values (no cents), but may run into the millions. No cents are to be displayed. The current ratio will always be displayed rounded to two decimal digits, and could be up to 9999.99. The averages are rounded to the nearest whole dollar.

You must create the data file in the manner discussed in the lecture.

Note that the various asset and liability numbers could be 5 digit, 4 digit, or even 3 digit or 6 digit. The numeric formats you use to print should not vary based on what you see for this particular set of sample data. Your program should be able to consistently produce a properly aligned report with all different sizes of numbers without changing the code!

Please be careful in noting how things are aligned. The "t" in "Current" is over the last digit of each number. Proper and exact alignment of all elements of the report will be part of your score.

The program must be written using modularity (voided functions), which is this week's topic. If you do not build this program using void functions, major points will be deducted.

You can "hard-code" this into the statement; it won't be necessary to use a defined constant for this.

Warning: Be careful with your calculations. The average current ratio (at the bottom of the table) is the average of the three current ratios, not the quotient of the average assets and average liabilities. The wrong algorithm will cost you major points.

Hint

You will need to use fgets() instead of fscanf() for the name of the company. fscanf() cannot read a string with embedded spaces.

You will submit only the source code file (.c) and the unaltered (ahem!) output file (.txt) from your run of the program. Place your name in the comments of the source code file and make sure your program prints your name in the last line of the report in the output file. Do not zip the files. And please, use .c for the source code and .txt for the output file. No Word documents or other such formats.

Be sure to include appropriate comments and indentation in your source code.

C/C++, Programming

  • Category:- C/C++
  • Reference No.:- M91627125
  • Price:- $60

Priced at Now at $60, Verified Solution

Have any Question?


Related Questions in C/C++

There are several ways to calculate the pulse width of a

There are several ways to calculate the pulse width of a digital input signal. One method is to directly read the input pin and another method (more efficient) is to use a timer and pin change interrupt. Function startTi ...

Software development fundamentals assignment 1 -details amp

Software Development Fundamentals Assignment 1 - Details & Problems - In this assignment, you are required to answer the short questions, identify error in the code, give output of the code and develop three C# Console P ...

Why do researcher drop the ewaste and where does it end

Why do researcher drop the ewaste and where does it end up?

Project - space race part a console Project - Space Race Part A: Console Implementation

Project - Space Race Part A: Console Implementation INTRODUCTION This assignment aims to give you a real problem-solving experience, similar to what you might encounter in the workplace. You have been hired to complete a ...

Question 1find the minimum and maximum of a list of numbers

Question: 1. Find the Minimum and Maximum of a List of Numbers: 10 points File: find_min_max.cpp Write a program that reads some number of integers from the user and finds the minimum and maximum numbers in this list. Th ...

Assignment word matchingwhats a six-letter word that has an

Assignment: Word Matching What's a six-letter word that has an e as its first, third, and fifth letter? Can you find an anagram of pine grave. Or how about a word that starts and ends with ant (other than ant itself, of ...

What are the legal requirements with which websites must

What are the legal requirements with which websites must comply in order to meet the needs of persons with disabilities? Why is maximizing accessibility important to everyone?

Assign ment - genetic algorithmin this assignment you will

ASSIGN MENT - GENETIC ALGORITHM In this assignment, you will use your C programming skills to build a simple Genetic Algorithm. DESCRIPTION OF THE PROGRAM - CORE REQUIREMENTS - REQ1: Command-line arguments The user of yo ...

1 implement the binary search tree bst in c using the node

1. Implement the Binary Search Tree (BST) in C++, using the Node class template provided below. Please read the provided helper methods in class BST, especially for deleteValue(), make sure you get a fully understanding ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As