Mathematics for Business Careers

ISBN-10: 0130197491
ISBN-13: 9780130197498
Edition: 5th 2001 (Revised)
List price: $241.20
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Description: For arithmetic-based courses in Business Mathematics. Designed as a true teaching text, this book guides students through clear, detailed explanations of the principles and practices of business mathematics. Its flexible organization and  More...

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Book details

List price: $241.20
Edition: 5th
Copyright year: 2001
Publisher: Prentice Hall PTR
Publication date: 7/24/2000
Binding: Mixed Media
Pages: 798
Size: 8.00" wide x 10.50" long x 1.25" tall
Weight: 4.026
Language: English

For arithmetic-based courses in Business Mathematics. Designed as a true teaching text, this book guides students through clear, detailed explanations of the principles and practices of business mathematics. Its flexible organization and presentation make it suitable for a variety of teaching situationsfrom a traditional classroom lecture to individually paced instruction. The Fifth Edition has been updated and improved presenting the latest business situations and techniques. Students are given the opportunity to participate more actively in their learning.

Whole Numbers
Writing Whole Numbers
Rounding Whole Numbers
Adding Whole Numbers
Adding
How To Add Long Lists of Numbers
Checking Addition
Subtracting Whole Numbers
Subtracting
Checking Subtraction
Word Problems
Multiplying Whole Numbers
Multiplying
Multiplication Shortcuts
Checking Multiplication
Dividing Whole Numbers
Dividing
Checking Division
Word Problems
Key Terms
Self-Test
Fractions
Renaming Fractions
Describing Fractions
Changing an Improper Fraction to a Mixed Number
Changing a Mixed Number to an Improper Fraction
Raising a Fraction to Higher Terms
Reducing a Fraction to Lowest Terms
Multiplication of Fractions
Division of Fractions
Dividing Fractions
Checking Division
Addition and Subtraction of Fractions
Adding Like Fractions
Adding Mixed Numbers
Adding Unlike Fractions
Least Common Denominator
Adding Mixed Numbers With Unlike Fractions
Subtracting Fractions
Subtracting Mixed Numbers
Using a Calculator with Fractions
Key Terms
Self-Test
Decimal Numbers
Adding and Subtracting Decimals
Reading Decimal Numbers
Adding Decimal Numbers
Subtracting Decimal Numbers
Multiplying and Dividing Decimals
Multiplying Decimal Numbers
Dividing Decimal Numbers
Rounding
Converting Decimal Numbers and Fractions
Writing a Fraction as a Decimal Number
Converting Mixed Numbers
Writing Decimal Numbers as Fractions
Key Terms
Self-Test
Percent
Converting To and From Percent
Understanding Percent
Changing a Decimal Number to a Percent
Changing a Fraction to a Percent
Changing a Percent to a Decimal
Changing a Percent to a Fraction
Solving Percent Problems
General Guidelines
Solving Percent Problems
P-Type Problems
%-Type Problems
Calculating Percent Increase or Decrease
B-Type Problems
Calculating Sales Tax
Determining Excise Tax
Key Terms
Self-Test
Bank Records
Setting Up and Using a Checking Account
Opening an Account
Making a Deposit
Writing a Check
Completing Check Stubs
Using a Check Register
Reconciling Checking Accounts
Checking Your Reconciliation
Key Terms
Self-Test
Payroll
Paying Salaried and Hourly Employees
Computing Salary
Calculating Hourly Pay
Paying Overtime
Determining Piecework and Commission Pay
Calculating Piecework
Computing Differential Piecework
Paying Commission
Determining Sliding Scale Commissions
Calculating Salary Plus Commission
Federal Income Tax, FICA, and Federal Unemployment Tax
Understanding Federal Income Tax
Using the Wage Bracket Method
Applying the Percentage Method
Computing FICA
Calculating Federal Unemployment Tax
Key Terms
Self-Test
The Mathematics of Buying
Taking Advantage of Trade Discounts
Calculating Discounts
Determining Trade Discounts
Calculating Chain Discounts
Single Equivalent Discount Rate
Using Cash Discounts
Determining the Due Date
Calculating Cash Discounts
EOM Dating
ROG Dating
Extra Dating
Crediting Partial Payments
Key Terms
Self-Test
The Mathematics of Selling
Calculating Markup Based on Cost
Comparing Cost, Markup, and Selling Price
Finding the Markup When Cost and Rate Are Known
Finding the Rate When Markup and Cost Are Known
Finding the Cost When Markup and Rate are Known
Finding the Cost When the Selling Price and Rate Are Known
Calculating Markup Based on Selling Price
Finding the Markup When the Selling Price and Rate Are Known
Finding the Rate When the Markup and Selling Price Are Known
Finding the Selling Price When the Markup and Rate Are Known
Finding the Selling Price When the Cost and Rate Are Known
Setting Markdowns
Finding Markdown
Calculating a Series of Markdowns
Determining Markdown Rate
Key Terms
Self-Test
Simple Interest
Calculating Time
Using Exact Time
Finding Exact Time by the Calendar Method
Calculating Simple Interest
Determining Exact Simple Interest
Ordinary Simple Interest at Ordinary or 30-Day-Month Time
Calculating Ordinary Simple Interest at Exact Time
Recapping Simple Interest
Solving for Principal, Interest Rate, and Time
Solving for the Interest Variables
Solving for Principal
Solving for Interest Rate
Solving for Time
Recapping Simple Interest Problems
Key Terms
Self-Test
Bank Discount Loans
Promissory Notes and Bank Discount on Non-Interest-Bearing Notes
Calculating Net Proceeds under Bank Discount
Determining Bank Discount Using Banker's Interest
Bank Discount of an Interest-Bearing Note
Using Ordinary Interest to Calculate Discount
Using Banker's Interest to Calculate Discount
Key Terms
Self-Test
More Complex Loans
Using Installment Loans
Determining Finance Charges
Calculating the Annual Percentage Rate
Working With the Rule of 78
Finding the Sum of the Digits
Calculating Refunds with the Rule of 78
Using Open-End Credit
Converting Between APR and Monthly Rates
Finding Finance Charges
Choosing a Payment Option
Calculating Average Daily Balance and New Balance
Key Terms
Self-Test
Compound Interest and Present Value
Compound Interest
Calculating Compound Interest
Finding Maturity Values Using Compound Interest
Determining the Effective Rate
Calculating Interest Compounded Daily
Present Value
Finding Present Value
Key Terms
Self-Test
Investments
Annuities: Due and Ordinary
Calculating the Amount of an Annuity Due
Determining the Value of an Ordinary Annuity
Sinking Funds
Calculating the Payment for a Sinking Fund
Stocks and Bonds
Understanding Stocks
Finding Dividends for Preferred Stock
Calculating Dividends for Cumulative Preferred Stock
Determining Dividends for Common Stock
Calculating Stock Dividends
Paying for Stock
Understanding Bonds
Determining Current Yield
Key Terms
Self-Test
Real Estate Mathematics
Mortgage Payments and Points
Paying Points
Finding Property Tax
Amortization
Determining Interest and Principal Payments
Key Terms
Self-Test
Inventory and Overhead
Inventory Valuation
Calculating Inventory Value Using the Specific Identification Method
Finding Inventory Value Using the Average Cost Method
Determining Inventory Value Using the FIFO Method
Identifying Inventory Value Using the LIFO Method
Comparing Inventory Methods
Retail Method and Overhead
Estimating Inventory Value Using the Retail Method
Allocating Overhead by Sales Volume
Allocating Overhead by Floor Space
Key Terms
Self-Test
Depreciation
Straight-Line and Units-of-Production Methods
Using the Straight-Line Method to Calculate Depreciation
Constructing a Depreciation Schedule
Applying the Units-of-Production Method to Depreciation
Declining-Balance and Sum-of-the-Years'-Digits Methods
Using the Declining-Balance Method of Depreciation
Applying the Sum-of-the-Years'-Digits Method of Depreciation
The MACRS Method of Depreciation
Using the ACRS Method of Depreciation
Applying the MACRS Method of Depreciation
Key Terms
Self-Test
Insurance
Fire Insurance
Calculating Fire Insurance Premiums
Determining Short-Term Policy Premiums
Canceling Property Insurance
Determining Losses Paid by Multiple Insurers
Calculating Losses Paid by Coinsurance Policies
Motor Vehicle Insurance
Determining Driver Classification
Calculating Liability Insurance Payouts
Determining Liability Premiums on Motor Vehicle Insurance
Finding Collision and Comprehensive Payments and Premiums
Calculating Medical Payments Premiums
Total Motor Vehicle Insurance Premiums
Life Insurance
Calculating Life Insurance Premiums
Determining Surrender Options
Selecting a Settlement Option
Key Terms
Self-Test
Financial Statement Analysis
Balance Sheets
Reading Balance Sheets
Performing a Horizontal Analysis
Performing a Vertical Analysis
Income Statements
Reading Income Statements
Performing a Horizontal Analysis
Performing a Vertical Analysis
Financial Ratio Analysis
Calculating the Current Ratio
Using the Acid-Test Ratio
Finding Return on Equity
Determining Inventory Turnover
Key Terms
Self-Test
Statistics and Graphs
Business Statistics
Finding the Mean
Finding the Mean for Grouped Data
Determining the Median
Calculating the Mode
Determining the Range
Reading Tables of Data
Business Graphs
Reading Bar Graphs
Plotting Bar Graphs
Reading Line Graphs
Plotting Line Graphs
Reading Pie Charts
Constructing a Pie Chart
Key Terms
Self-Test
The Electronic Calculator
Metric System
Answers for Students
Index

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