Answer to Question #81000 in Finance for Hugh Heron

Question

Question:
Describe (80–100 words) how you could index the data to ensure it can be quickly located and referred to later. Be specific.

Answer:
C. To index the data to ensure it can be quickly located and referred to later we can calculate several ratios like gross profit ratio, gross margin ratio, net operating profit ratio and net profit ratio to get several conclusions about it. https://corporatefinanceinstitute.com/resources/knowledge/accounting/profit-and-loss-statement-pl/

Feedback:
The explanation of indexing does not describe how it can be identified and what elements should be considered in the indexing of each piece of data ensuring it can be quickly located and referred to later

Answer 1

When using indexes in the database, the target object can be one or more file entries. The index of the database is ordered, and each index element contains the name of the sought object, as well as one or more pointers (record identifiers) to its location.
The index structure is associated with a specific search key and contains records consisting of the key value and the address of the logical record in the file containing this key value. The values in the index file are sorted by the indexing field, which is usually built on the basis of one attribute.