Linkup Systems, Which Provides Investors with Computerized Information About Stock

question 58

Essay

Linkup Systems, which provides investors with computerized information about stock prices, is considering the establishment of a lockbox system with its bank. The firm receives daily collections of $2.0 million, and could earn 6% on any funds freed up through faster collections. If the lockbox system can save two days in the collection process, and the firm's bankers will charge $200,000 per year to operate the lockbox system, is it worth it to establish the system?

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Definitions:

Field Names

The labels or identifiers assigned to fields within a database or form, used for referencing and organizing data.

Outer Join

A type of SQL join that returns a result set that includes all rows from one of the two tables being joined, together with the matching rows from the other table. If there is no match, the result is still returned with NULL values for the non-matching table.

Relationships Window

A visual representation in database software that shows how tables are related to each other through their keys.

Query Design View

A graphical interface in database software that allows users to visually create and modify queries.