Sales and collection process

Assignment Help Finance Basics
Reference no: EM13742688

The Beach Dude (BD) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). This case describes BD's sales and collection process.

Each BD salesperson works with a specific group of customers throughout the year. In fact, they often surf with their customers to try out the latest surf gear. The BD salespeople act laid-back, but they work hard for their sales. Each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. Since BD makes the best surfing products, the customers look forward to the visits from the BD salespeople. And, they often buy a lot of gear. Each sale is identified by unique invoice# and usually involves many different products. Customers pay for each sale in full within 30 days, but they can combine payments for multiple sales.

BD manages their clothing inventory by item (e.g., XL BD surfer logo t-shirts), identified by product #, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e.g., surfing products, casual wear, etc.).

a. Draw a business process model that describes the Beach Dudes sales and collection process. Use either Powerpoint, Visio, or Word.  Your model should be similar to Figure 8.5 in the Perry and Newmark Access book. You can insert your diagram on the following page.

b. Using Microsoft Access, implement a relational database from your model. Identify at least 3 fields per table. Your database should have tables, forms and at least one query.

Reference no: EM13742688

Questions Cloud

Basic resources and transforms : The important thing to know about production or operations is that the terms refer to any process that takes basic resources and transforms them into finished products.( )
What differences between hybridity and multiculturalism : What are some differences between hybridity and multiculturalism? Please provide examples of each.
Understanding the views of others help : What new information or insight into your topic did you gain? How does understanding the views of others help shape your own views?
Identify the different regions of english colonial america : Identify the different regions of English colonial America during the 1700s. Describe each region, being sure to include information concerning religion, economics, government, and culture.
Sales and collection process : The Beach Dude (BD) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). This case describes BD's sales and collection process.
Explain the process of plant germination : Explain to me the process of plant germination
Describe the goal of phylogenetic systematics : Describe the goal of phylogenetic systematics
Liquidity premium on a three-year treasury : The Wall Street Journal reports the rate on two-year Treasury securities is 4.15% and the rate on three-year Treasury securities is 5.27%.  The one-year interest rate expected in two years, E(3r1), is 7.11%.  According to the liquidity premium theo..
What are the components of physical examination : Use knowledge of biological principles and the Scientific Method to ask and answer relevant questions about human health and disease Analyze information to distinguish between diseased and healthy structure and functioning.What are the components of..

Reviews

Write a Review

Finance Basics Questions & Answers

  Domestic firms in the u.s. market

Empirical evidence shows that new issues of equity by domestic firms in the U.S.

  What is the arithmetic average return

A stock has had returns of ?19.9 percent, 29.9 percent, 34.8 percent, ?11.0 percent, 35.7 percent, and 27.9 percent over the last six years.

  The ldquoform versus functionrdquo debate applies in many

directions be sure to save an electronic copy of your answer before submitting it to ashworth college for grading.

  What was the gain on the reacquisition of the bonds

Interest is payable semiannually, on April 1 and October 1, and the bonds mature on April 1, 20X6. On February 1, 20X2, $1,000 of these bonds are reacquired at 108 percent and accrued interest. Required: What was the gain (loss) on the reacquisiti..

  At what price would the bonds sell

Suppose that 2 years after the initial offering, the going interest rate had risen to 12%. At what price would the bonds sell?

  Given an annual lease payment of 438020 find the rate of

given an annual lease payment of 438020 find the rate of return earned by a lessor on a 3 year 1 million present value

  How much would he have paid for bank of america preferred

If he had wanted to achieve a 10% rate of return on his Bank of America investment, how much would he have paid for the Bank of America preferred stock?

  Executive level report related to the target acquisition

executive level report related to the target acquisition company

  Given what you know about efficient markets and capm how

from time to time the federal government considers passing into law an excess profits tax on u.s. corporations. given

  Eliminates exchange rate risk for both a and b.

The current exchange rate is $1.60 = €1.00. Company "A" is in Milan, Italy and wishes to borrow $1,000,000 at a floating rate for 5 years and company "B" is a U.S. firm that wants to borrow €625,000 for 5 years at a fixed rate of interest. You are a ..

  Us treasury bond yield

Find out the amount of the coupon interest payment you would receive each year if you bought the bond? Find out the bond's Yield to Maturity, or YTM, assuming you purchased it for the current offering price?

  Computation of current yield and ytm and bond price

Computation of current yield and YTM and bond price and Assume that the yield to maturity remains constant for the next 3 years

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