The Treasurer for Chic Man Clothing Must Decide How Much

question 142

Essay

The treasurer for Chic Man Clothing must decide how much money the company needs to borrow in July.The balance sheet for June 30,2010 is presented below:
Chic Man Clothing Balance Sheet
June 30,2010

The company expects sales of $400,000 for July.The company has observed that 25% of its sales is for cash and that the remaining 75% is collected in the following month.The company plans to purchase $345,000 of new clothing.Usually 70% of purchases is for cash and the remaining 30% of purchases is paid in the following month.Salaries are $135,000 per month,lease payments are $35,000 per month,and depreciation charges are $20,000 per month.The company plans to purchase a new van for $60,000 in July and sell its marketable securities for $123,000.If the company must maintain a minimum cash balance of $25,000,how much money must the company borrow in July?

Understand the options for securing an Access database, including encryption and password protection.

Recognize the benefits and procedures of splitting an Access database to enhance security and performance.

Understand how to link external data sources to an Access database.

Learn methods to modify the starting options and behaviors of an Access database.

---

Definitions:

Smart Card

A small ID-size card that can store data, be encrypted, and swiped through and/or interact wirelessly with a smart card reader. Examples of smart cards are identification, medical, credit, and access card.

Spear Phishing

A targeted attempt to steal sensitive information through email by pretending to be a trusted entity, aiming specifically at an individual or organization.

Brute-force Attack

A trial and error method used by applications to decode encrypted data such as passwords through exhaustive effort rather than intellectual strategies.

Tailgating

An unauthorized entry technique where an individual follows someone with authorized access into a restricted area without being detected.