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Vaselesa [24]
3 years ago
15

Required: a. How many customer records are stored in the database? b. List customers who live in New York. c. List customers wit

h credit limits greater than $50,000. d. List sales transactions made in July, 2018. e. What’s the number of total sales transactions made to each customer?
Business
1 answer:
Feliz [49]3 years ago
5 0

Answer:

a- How many customer records are stored in the database

SQL Command for knowing number of customer records are stored is

SELECT COUNT(Customer Name) FROM tbl Customer ;

b- List customers who live in New york.

SQL Command for knowing number of customers who live in New york

SELECT Customer State, FROM tbl Customer WHERE CITY = 'New york' ;

c- List customers who credit limits grater than $50,000.

SQL Command for knowing number of customers who's credit limit is grater than $50,000

SELECT Customer Credit Limit, FROM tbl Customer WHERE Credit limit > 50,000 ;

d. List sales transaction made in July - 18

SQL Command for knowing sales in July - 18

SELECT InvoiceDate, FROM tbl Sales ;

e. What the number of total sales transactions made to each customer

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Answer:

The amount that will be paid to buy the car is $18,539.43.

Explanation:

This can be calculated using the following 3 steps:

Step 1: Calculation of the present of the monthly payment

Since the payments are made at the beginning of each month, this can be calculated using the formula for calculating the present value (PV) of annuity due given as follows:

PVM = P * ((1 - (1 / (1 + r))^n) / r) * (1 + r) .................................. (1)

Where;

PVM = Present value monthly payments = ?

P = Monthly withdraw = $298

r = monthly financing rate = Financing rate / Number of months in a year = 5.4% / 12 = 0.054 / 12 = 0.0045

n = number of months = 48

Substitute the values into equation (1), we have:

PVM = $298 * ((1 - (1 / (1 + 0.0045))^48) / 0.0045) * (1 + 0.0045) = $12,896.55

Step 2: Calculation of the present of the purchase amount at lease expiration

This can be calculated using the present value formula as follows:

PVP = P / (1 + r)^n  .................................. (2)

Where;

PVP = Present value of the purchase amount at lease expiration = ?

P = Purchase amount at lease expiration = $7000

r = monthly financing rate = Financing rate / Number of months in a year = 5.4% / 12 = 0.054 / 12 = 0.0045

n = number of months = 48

Substitute the values into equation (2), we have:

PVP = $7000 / (1 + 0.0045)^48 = $5,642.88

Step 3: Calculation of the amount that will be paid to buy the car

This can be calculated as follows:

Amount to pay to buy car = PVM + PVP ............... (3)

Where:

PVM = Present value monthly payments = $12,896.55

PVP = $5,642.88

Substitute the values into equation (3), we have:

Amount to pay to buy car = $12,896.55 + $5,642.88 = $18,539.43

Therefore, the amount that will be paid to buy the car is $18,539.43.

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A company’s retained earnings increased $375,000 last year and its assets increased $973,000. The company declared a $79,000 cas
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Answer:

C. $454,000.

Explanation:

We know that

The ending balance of retained earnings = Opening balance of retained earnings + net income - dividend paid

$375,000 = $0 + net income - $79,000

So, the net income would be

= $375,000 + $79,000

= $454,000

The ending balance of retained earnings - Opening balance of retained earnings is also known as increase in retained earning

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Answer:

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Assuming a single period growth rate of 2%,

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