Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Mathmeticians, Please help!
Message
From
27/03/2000 13:36:24
 
 
To
27/03/2000 13:28:48
John Baird
Coatesville, Pennsylvania, United States
General information
Forum:
Visual FoxPro
Category:
Coding, syntax & commands
Miscellaneous
Thread ID:
00350796
Message ID:
00350873
Views:
25
>>Hi John
>>
>>I'm neither an economist nor a mathematician. Exposure to business and accounting systems may be enough. Assuming the margin is the difference between the cost and the sales as a percentage of the sales price, doesn't this work?
>>
>>abs(tnPrice-tnCost)/tnPrice*100
>>
>>HTH
>
>I've already tried that. What is happening is:
>
>Assuming 2.00 cost and 8.00 price, the formula calculates the margin at 75%.
>Assuming 2.00 price and 8.00 cost, the formula says its -300%.
>
>Shouldn't that be -75% in the second or am I not understanding the process or the math?

I'm trying to understand the economic issue here. In light of that, what would be the difference between a normal margin and a (negative) margin due to the cost being higher than the price?
William A. Caton III
Software Engineer
MAXIMUS
Atlanta, Ga.
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform