Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Instructions Based on the above information, your supervisor wants your team to provide the following deliverables to YNF. Part I. Prepare a prototype database

 

Instructions Based on the above information, your supervisor wants your team to provide the following deliverables to YNF. Part I. Prepare a prototype database for YNF. Forrest has agreed to provide financial data from his business for the 1st quarter of his fiscal year. That data will be in EXCEL format (you can download the Excel file from Canvas). You will load the data into Access, structure it appropriately. Make changes as necessary in file structures to implement efficient tables and eliminate duplication. Also, set relationships consistent with the UML data model for the database. Appendix B provides description of data in the EXCEL spreadsheet and guidance on appropriate treatments for these tables in Access. Part II. Prepare the income statements for YNF using your database. You will prepare queries as necessary to provide the following information for sales, cost of goods sold, and selling, general and administrative expenses. Then, prepare queries to prepare the income statements by store and for YNF. If you create any new variables whose values are in dollar amounts in the following queries, please format them as currency. Sales 1. Create a query to expand the sales and sales items table. It should include the order#, customer#, sale_date, truck_vin, cash_receipt#, store#, qty_sold, sale_price, and sale_amt, where sale_amt is the sales items amounts by multiplying the quantity sold times the sale price (sale_amt = qty_sold*sale_price). Remember to restrict transactions to the 1st quarter. Name this query "Sales Detail Q1". 2. Accumulate sales by store during the quarter. Name the sum variable as Revenue and name this query "Sales Revenue by Store". Cost of Goods Sold 1. Extend the flower purchase items by multiplying the quantity purchased times the purchase price (purch_amt= qty_purch* purchase_price). Also include purchase#, purchase_date, check#, store#, inventory#, qty_purch, purchase_price in the result. Restrict transactions to the 1st quarter. Name this query "Purchases Flowers Detail Q1". 2. Accumulate flower purchases as cost of goods sold by store during the quarter. Name the sum variable as COGS and name this query "Purchases (COGS) by Store". Selling, General, and Administrative Expenses 1. Extend the payroll records by adding gross pay plus employer FICA (Social Security) plus employer MC (Medicare payments) for each employee each month. Name this query

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Matlab With Applications To Mathematics, Science, Engineering, And Finance

Authors: Jose Miguel David Baez Lopez, David Alfredo Baez Villegas

1st Edition

1351856162, 9781351856164

More Books

Students also viewed these Mathematics questions

Question

2. Ask questions, listen rather than attempt to persuade.

Answered: 1 week ago

Question

1. Background knowledge of the subject and

Answered: 1 week ago