The Finance team wants to calculate a VAT (8%) on the amount of the stay reservations in the database. However, the team wants to calculate the VAT after the discounts are applied on the prices. In addition, it is important to remember if there is no discount/offers, then the value is NULL in the TRAVELS table. Create a procedure called VATCalculator to calculate the VAT amount and return with the corresponding travel ID. In addition, execute the procedure to account for NULL values and send the respective result to the team. The VAT value should be rounded to 2 decimals.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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The Finance team wants to calculate a VAT (8%) on the amount of the stay reservations in
the database. However, the team wants to calculate the VAT after the discounts are
applied on the prices. In addition, it is important to remember if there is no
discount/offers, then the value is NULL in the TRAVELS table. Create a procedure called
VATCalculator to calculate the VAT amount and return with the corresponding travel ID.
In addition, execute the procedure to account for NULL values and send the respective
result to the team. The VAT value should be rounded to 2 decimals.
Transcribed Image Text:The Finance team wants to calculate a VAT (8%) on the amount of the stay reservations in the database. However, the team wants to calculate the VAT after the discounts are applied on the prices. In addition, it is important to remember if there is no discount/offers, then the value is NULL in the TRAVELS table. Create a procedure called VATCalculator to calculate the VAT amount and return with the corresponding travel ID. In addition, execute the procedure to account for NULL values and send the respective result to the team. The VAT value should be rounded to 2 decimals.
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