The term “database”. Introduction: Database management systems (DBMS): It is computer software for creating and managing databases. The DBMS provides a way for the users to create, update, retrieve and manage the data present in the database. It also supports the administration and use of the database on different platforms.

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Answer 1

Question

Chapter 5, Problem 1RQ

Summary Introduction

To explain: The term “database”.

Introduction:

Database management systems (DBMS):

It is computer software for creating and managing databases. The DBMS provides a way for the users to create, update, retrieve and manage the data present in the database. It also supports the administration and use of the database on different platforms.

Expert Solution & Answer

Explanation of Solution

Database:

It is a well-organized collection of data which is stored and accessed electronically with the help of a computer. The data is organized into rows and columns in a table and in an indexed manner so that it can be easy to find the appropriate information. The data present in the database gets updated as data is added, deleted and expanded. It is an electronic filing system organized fields followed by records and finally into files.

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1. Waterfront Inc. wishes to borrow on a short-term basis without reducing its current ratio below 1.25. At present its current assets and current liabilities are $1,600 and $1,000 respectively. How much can Waterfront Inc. borrow?

Question 3Footfall Manufacturing Ltd. reports the following financialinformation at the end of the current year:Net Sales $100,000Debtor’s turnover ratio (based onnet sales)2Inventory turnover ratio 1.25Fixed assets turnover ratio 0.8Debt to assets ratio 0.6Net profit margin 5%Gross profit margin 25%Return on investment 2%Use the given information to fill out the templates for incomestatement and balance sheet given below:Income Statement of Footfall Manufacturing Ltd. for the year endingDecember 31, 20XX(in $)Sales 100,000Cost of goodssoldGross profitOther expensesEarnings beforetaxTax @50%Earnings aftertaxBalance Sheet of Footfall Manufacturing Ltd. as at December 31, 20XX(in $)Liabilities Amount Assets AmountEquity Net fixed assetsLong termdebt50,000 InventoryShort termdebtDebtorsCashTOTAL TOTAL

Answer 2

Question

Chapter 5, Problem 1RQ

Summary Introduction

To explain: The term “database”.

Introduction:

Database management systems (DBMS):

It is computer software for creating and managing databases. The DBMS provides a way for the users to create, update, retrieve and manage the data present in the database. It also supports the administration and use of the database on different platforms.

Expert Solution & Answer

Explanation of Solution

Database:

It is a well-organized collection of data which is stored and accessed electronically with the help of a computer. The data is organized into rows and columns in a table and in an indexed manner so that it can be easy to find the appropriate information. The data present in the database gets updated as data is added, deleted and expanded. It is an electronic filing system organized fields followed by records and finally into files.

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Answer 3

Question

Chapter 5, Problem 1RQ

Summary Introduction

To explain: The term “database”.

Introduction:

Database management systems (DBMS):

It is computer software for creating and managing databases. The DBMS provides a way for the users to create, update, retrieve and manage the data present in the database. It also supports the administration and use of the database on different platforms.

Expert Solution & Answer

Explanation of Solution

Database:

It is a well-organized collection of data which is stored and accessed electronically with the help of a computer. The data is organized into rows and columns in a table and in an indexed manner so that it can be easy to find the appropriate information. The data present in the database gets updated as data is added, deleted and expanded. It is an electronic filing system organized fields followed by records and finally into files.

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Answer 4

Question

Chapter 5, Problem 1RQ

Summary Introduction

To explain: The term “database”.

Introduction:

Database management systems (DBMS):

It is computer software for creating and managing databases. The DBMS provides a way for the users to create, update, retrieve and manage the data present in the database. It also supports the administration and use of the database on different platforms.

Expert Solution & Answer

Explanation of Solution

Database:

It is a well-organized collection of data which is stored and accessed electronically with the help of a computer. The data is organized into rows and columns in a table and in an indexed manner so that it can be easy to find the appropriate information. The data present in the database gets updated as data is added, deleted and expanded. It is an electronic filing system organized fields followed by records and finally into files.

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Answer 5

Chapter 5, Problem 1RQ

Summary Introduction

To explain: The term “database”.

Introduction:

Database management systems (DBMS):

It is computer software for creating and managing databases. The DBMS provides a way for the users to create, update, retrieve and manage the data present in the database. It also supports the administration and use of the database on different platforms.

Expert Solution & Answer

Explanation of Solution

Database:

It is a well-organized collection of data which is stored and accessed electronically with the help of a computer. The data is organized into rows and columns in a table and in an indexed manner so that it can be easy to find the appropriate information. The data present in the database gets updated as data is added, deleted and expanded. It is an electronic filing system organized fields followed by records and finally into files.

Answer 6

Chapter 5, Problem 1RQ

Summary Introduction

To explain: The term “database”.

Introduction:

Database management systems (DBMS):

It is computer software for creating and managing databases. The DBMS provides a way for the users to create, update, retrieve and manage the data present in the database. It also supports the administration and use of the database on different platforms.

Expert Solution & Answer

Explanation of Solution

Database:

It is a well-organized collection of data which is stored and accessed electronically with the help of a computer. The data is organized into rows and columns in a table and in an indexed manner so that it can be easy to find the appropriate information. The data present in the database gets updated as data is added, deleted and expanded. It is an electronic filing system organized fields followed by records and finally into files.

Answer 7

Chapter 5, Problem 1RQ

Summary Introduction

To explain: The term “database”.

Introduction:

Database management systems (DBMS):

It is computer software for creating and managing databases. The DBMS provides a way for the users to create, update, retrieve and manage the data present in the database. It also supports the administration and use of the database on different platforms.

Answer 8

Expert Solution & Answer

Explanation of Solution

Database:

It is a well-organized collection of data which is stored and accessed electronically with the help of a computer. The data is organized into rows and columns in a table and in an indexed manner so that it can be easy to find the appropriate information. The data present in the database gets updated as data is added, deleted and expanded. It is an electronic filing system organized fields followed by records and finally into files.

Answer 9

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Answer 10

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Answer 11

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