The Following Sample of Code Contains Errors

question 37

Essay

The following sample of code contains errors. Rewrite the incorrect statements to correct all errors.
-Private Sub btnDisplay_Click(ByVal sender As Object,ByVal e As System.EventArgs)Handles btnDisplay.Click
' displays type of vehicle for the code entered by user
Const strLENGTH_MSG As String = "The code must contain four characters."
Const strTYPE_MSG As String = "The last character in the code must be C,T,or V."
Dim strCode As String
Dim strLastChar As String
strCode = txtCode.Text.ToLower
' determine whether code contains exactly 4 characters
If strCode.Chars < 4 Then
lblType.Text = String.Empty
MessageBox.Show(strLENGTH_MSG,"Code",
MessageBoxButtons.OK,
MessageBoxIcon.Information)
Else
' determine whether the last character is valid
strLastChar = strCode.Substring(4)
Select Case strCode
Case "C"
lblType.Text = "Car"
Case "T"
lblType.Text = "Truck"
Case "V"
lblType.Text = "Van"
Case Else
lblType.Text = String.Empty
MessageBox.Show(strType_MSG,"Type",
MessageBoxButtons.OK,
MessageBoxIcon.Information)
End If
End If
End Sub

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Definitions:

M&M Proposition II

A theory in corporate finance that asserts the cost of equity is a linear function of the company's debt/equity ratio, under the assumption of no taxes and financial distress costs.

Cost of Equity Capital

The return required by equity investors as compensation for their investment risk.

WACC

Weighted Average Cost of Capital, a measure of the average rate of return a company is expected to pay its securities holders to finance its assets.