Describe the tablet store purchases and payments process

Assignment Help Accounting Basics
Reference no: EM131763212

Question: The Tablet Store recently opened to sell iPads and other tablet computing devices. It purchases its tablets directly from the manufacturers (e.g., Apple, Samsung, and Dell). This problem describes its purchases and payments process. To order tablets, a Tablet Store employee submits a purchase order to the manufacturer electronically. Each purchase order could stipulate several different models of tablets from one manufacturer. The manufacturers typically deliver the tablets to the store within 2 weeks after they receive the purchase order. The Tablet Store pays for each shipment within 30 days after receipt. If there are multiple orders to the same manufacturer, the Tablet Store occasionally combines payments,issuing one check for multiple receipts. All of the Tablet Store checks are drawn on one bank account.

a. Draw a UML class diagram that describes the Tablet Store's purchases and payments process.

b. Using Microsoft Access, implement a relational database from your UML class diagram. Identify at least three fields per table.

c. Describe how you would use the relational database to determine the Tablet Store's accounts payable.

Reference no: EM131763212

Questions Cloud

What is the present worth of each project : Tempura, Inc., is considering two projects. Project A requires an investment of $70,000. Estimated annual receipts for 20 years are $22,000.
Sent a large job to the printer : A network user has sent a large job to the printer, but the print job has stalled. You try to delete the print job, but can't.
State the benefits and costs of voluntarily adopting hiring : Analyze the benefits and costs of voluntarily prohibiting three to five (3-5) federal forms of discrimination prohibited .
How growth factors can influence cell cycle progression : Explain how growth factors can influence cell cycle progression. Discuss the different ways that eukaryotic gene expression can be regulated
Describe the tablet store purchases and payments process : The Tablet Store recently opened to sell iPads and other tablet computing devices. It purchases its tablets directly from the manufacturers.
Create a network diagram from scratch : You must create a network diagram from scratch, outlining activities involved - Identify Critical Path and Project in the network diagram
How to solve lp model graphically corner points approach : After Reading the Lecture Notes and Watching the YouTube Videos on How to Solve LP Model Graphically Corner Points Approach.
Discuss the company no longer uses in its own operations : The company has a $100,000 payroll each week and employees have a 5 day work week. December 31 is on a Thursday.
Discuss about the primary mission of a regulatory agency : Tell me how you think the person being charged reached the point where they may have done what the SEC says they did.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd