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Akae plans to develop a database for his small DJ business that will include his music catalog, artists, clients, purchases, equipment, and vendors. Akae has identified that the following information will be included in the database:
· artist
· song and year
· client name
· client address
· client contact information
· vendor
· purchases
· equipment
· equipment inventory and rental
-Given the information Akae would like to include in his database, how many tables would be optimal if similar information is grouped into tables?
Indirect Method
A technique used in cash flow statements to adjust net income for non-cash transactions, depreciation, and changes in working capital.
Depreciation Expense
The portion of an asset's initial cost allocated over a specific period as an expense, reflecting its usage and deterioration.
Operating Activities
Activities that relate directly to the business's primary operations, like selling products or services, as opposed to investment or financing activities.
Accounts Receivable
Money owed to a company by its clients or customers for products or services sold on credit.
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