Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Programming Language Expert

Objective:

Design a class-based solution to a problem using multiple data structures.

The Problem:

You need to prepare a program to help an investor figure out which stocks to sell from his/her portfolio. In the USA, the government taxes income from investments. This is called capital gains tax. Your program will determine profit and loss on stock sales, using either of two different accounting methods:
LIFO: Last purchased is the first sold
FIFO: First purchased is the first sold.

To illustrate these methods, suppose you have the following transactions:

Stock Name    Date    Number of shares    Price per share
UMKC             June 1         100                   45.50
UMKC             June 6         100                   46.50
UMKC             June 15       100                   48.50
UMKC             June 22       100                   55.50

Now, let's say you want to sell 125 shares of UMKC stock. You can choose to sell either the oldest or the newest shares. Today's price is $54.00/share. Under the FIFO method, the 125 shares sold are considered to have cost $5712.50 (100 shares at $45.50 and 25 shares at $46.50), earning a profit of $1037.50 for reporting taxable income to the IRS. Under the LIFO method, the 150 shares sold cost $6762.50 (100 shares at $55.50 and 25 at $48.50), which means you will report a loss of $12.50 to the IRS.

The program will allow for the following activities:

1) Stock Purchase--add the number of shares and cost to the portfolio list for that stock in the portfolio. If current portfolio does not have the stock already in inventory, the stock is added to the stock list and the shares added to its inventory.

2) Stock Sale-- deletes the specified number or shares from the portfolio and generates a report ("report.txt") of the accounting method (FIFO, LIFO) that results in the minimum profit (or maximum loss). The method that produces the desired results is also noted as part of the output for this option.

The report file should look like the following:
3. Profit/Loss Report for Sale of UMKC
4. ======================================================
5. FIFO method results in a profit of 1037.50
6. LIFO method results in a loss of -12.50
7. 
8. Profit/Loss Report for Sale of PCS
9. ======================================================
10. FIFO method results in a profit of 3250
11. LIFO method results in a profit of 3375

If the sale results in a zero inventory for that stock, the stock is to be deleted from your portfolio.

Input

Your program will read all transaction data from a file (input3.txt).

Each line of the transaction file will include

• stock symbol
• action to be taken (char 'B' or 'S' to indicate a buy or sell)
• the number of shares bought or sold
• the price paid or received.

ex file contents:

IBM B 100 100.00
PCS B 100 100.00
PCS B 75 95.00
IBM B 100 90.00
IBM S 150 95.00
CERN B 200 80.00
PCS S 150 120.00

Output

For all valid transactions, print the transaction to the output file(output3.txt). After each valid transaction, print the total holdings of the portfolio.

Sample output:

Transaction:  CERN  B    200      80.00
Total Holdings:
Name  #Shares  LIFO Value  FIFO Value
CERN      200     1600.00      1600.00
IBM        50       5000.00       4500.00
PSC        25      2500.00        250.00
============================================

If a transaction lists a sale of a given stock which is either not in the portfolio, or there are not enough shares owned, then print the transaction to an error file(errors3.txt).

Programming Requirements

Your Portfolio of sorted stock objects must be implemented as a linked list. The data members of a stock object must include a stack and queue (to maintain your parallel systems). For efficiency, you must store pointers to the stack and queue rather than store the stacks and queues themselves in the stock object. You may also want to keep other stock data such as LIFO current value, FIFO current value and share count as data members of a stock object. As you complete your design, other data members and methods may become necessary as well. Make sure that any additional methods you create are defined with the correct access specifier (i.e private or public). Methods for your stock object minimally should include:

1) Constructor-initialized data members. Reminder: Do not initialize data members that are themselves objects of other classes since the associated constructors will be automatically called at instantiation.

2) void addShares(int numberOfShares, double costPerShare)
//adds the number of shares purchased to the stack and queue. Updates share count, FIFO current value and LIFO current value.

3) bool removeShares(int numberOfShares)
// removes the number of shares from both the stack and the queue. Updates share count, LIFO current value and FIFO current value. The method returns true if there were enough shares in inventory to complete the sale, otherwise false is returned and no shares are removed.

4) friend ostream& operator << (ostream&, const Stock&);

The Portfolio class is to be a sorted linked list of stock objects. The minimum set of Portfolio methods include the constructor, add, remove, search and an overloaded insertion operator.

Required data structures:

• an array-based stack class
• a linked queue class

Do NOT use the STL stack or queue classes. Do NOT use a list class anywhere in this program.

You may create other classes in addition to the ones I've mentioned. You must create a UML class diagram showing your classes and their relationships to each other.

Programming Language, Programming

  • Category:- Programming Language
  • Reference No.:- M9723

Have any Question? 


Related Questions in Programming Language

Write a gui application that prints out hello in either

Write a GUI application that prints out "Hello!" in either: English, French, or Spanish. When the user selects another language, the greeting shown in the greeting area should change. Your GUI should look like the interf ...

1 write a pseudo code before starting your program do not

1. Write a pseudo code before starting your program ( do not use SWITCH, replace it with IF structures ) 1.1 Draw a flowchart for your program based on your pseudo code 2. Identify your constants 3. Your input will come ...

Assignmentwrite a program to converts temperatures between

Assignment Write a program to converts temperatures between Fahrenheit and Celsius. Your program should print a brief message describing what it does, and then prompt the user to enter "1" if they would like to convert a ...

Generate code for the following three-address statements

Generate code for the following three-address statements assuming stack allocation where register SP points to the top of the stack. a) x = 1 b) x = a c) x = a + 1 d) x = a + b e)The two statements x = b * c y = a + x

Write a program containing two classes named student and

Write a program containing two classes named student and roster, respectively. The program will maintain a current roster of students within a given course. Student data for the program includes student ID, first name, l ...

The problem is design a class booktype that defines the

The problem is design a class bookType that defines the book as an ADT. requirements: each object of the class bookType can hold the following information about a book: title, up to four authors, publisher, ISBN, price, ...

1 design a class called complex the class enables

1) Design a class called Complex. The class enables operations on so called complex numbers. These are numbers of the form realPart + imaginary Part *i, where the i has the value 2) Design the class to have two private m ...

Develop a pac and flowcharts for a program that does the

Develop a PAC and flowcharts for a program that does the following. A warehousing company has contracted you to develop a computer program that determines shipping costs for items by size. If the item is over 4 cubic fee ...

Create a program that allows the user to enter sets of

Create a program that allows the user to enter sets of integer values, in any order.Per set of data,the program is to output the largest number. EXAMPLE 1 Given the set of supplied values:(1,-3,22,-30),the program should ...

Question 1briefly explain these main programming paradigm

Question 1: Briefly explain these main programming paradigm (Logic, Functional, Object Oriented, Procedural, Imperative and Aspect-oriented), and for each of these paradigms name at least one language that can be used fo ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro