Question about Computers & Internet
Instructions: In retail sales, management needs to know the average inventory figure and turnover of merchandise. Create a project that allows the user to enter the beginning inventory, the ending inventory, and the cost of goods sold.
Form: Include labeled text boxes for the beginning inventory, the ending inventory, and the cost of goods sold. After calculating the answers, display the average inventory and the turnover formatted in labels.
Include command buttons for calculate,clean Print Form, and Exit.
The formulas for the calculations are:
Average Inventory=Beginning Inventory+Ending Inventory/2
Turnover=Cost of goods sold/Average Inventory
Note: The average inventory is expressed in dollars; the turnover is the number of times the inventory turns over.
I think you will get the solution once if you install Tally 9, the leading Accounting & Inventory Software in India & other countries like Indonesia, UK, Dubai, Malaysia, Singapore & Phillippines.
Posted on Mar 17, 2008
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Posted on Jan 02, 2017
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