Business Math

ISBN-10: 0131142836

ISBN-13: 9780131142831

Edition: 7th 2005

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Description: Strengthening and expanding its coverage, this front-running book offers the most comprehensive and effective demonstration of mathematical concepts available through extensive use of examples taken from real-world applications in such areas as banking, the hotel/motel industry, retail, and real estate. It heightens the learning experience by correlating concepts with true-to-life experiences readers may encounter in the business world and as consumers. Sets formulas in bold type within the formula boxes to help readers locate them quickly and Calculator Solutions boxes help readers set up and solve problems using a calculator. It encompasses all areas of business mathematics - beginning with skill-building sections on whole number and decimals; guiding readers through fractions, percents, statistics, and equations; then easing them into the specifics of business-related mathematics applications with discussions on payroll, discounts, markup/markdown, interest, credit, depreciation, inventory, insurance, taxes, and more. It also reflects current laws and IRS requirements. In addition, the book increases emphasis on the interest earned or paid for annuities and sinking funds, rather than just the accumulated amounts involved. This book can be utilized by business professionals within assorted industries. Can be used by individuals for personal finance knowledge.

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Book details

Edition: 7th
Copyright year: 2005
Publisher: Prentice Hall PTR
Binding: Paperback
Pages: 880
Weight: 4.950
Language: English

Preface
Problem Solving with Whole Numbers and Decimals
Problem Solving with Whole Numbers
Problem Solving with Decimals
Problem Solving Using Proportions
Around the Business World: International Monetary Exchange
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Problem Solving with Fractions and Percents
Problem Solving with Fractions
Problem Solving with Percents
Around the Business World: 2000 Census Bureau Earnings Report
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Problem Solving with Formulas and Equations
Formulas
Equations
Using Equations to Solve Problems
Around the Business World: Budgeting with Formulas and Spreadsheets
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Statistics, Tables, and Graphs
Statistics
Tables and Graphs
Around the Business World: Reporting Average Salary
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Bank Records
Checking Account Forms
Bank Statements
Around the Business World: Corporate Bank Accounts
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Payroll
Gross Pay
Payroll Deductions
The Employer's Payroll Taxes
Around the Business World: Pretax Medical Insurance Premiums and Garnishments
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Trade and Cash Discounts
Net Price and the Trade Discount
Net Price and the Trade Discount Series
Net Amount and the Cash Discount
Around the Business World: Rebates and Bill-Backs
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Markup and Markdown
Markup
Markdown
Markup and Markdown Series
Around the Business World: Congressional Pay Raises
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Simple Interest and Simple Discount
The Simple Interest Formula
Ordinary and Exact Time and Interest
Promissory Notes
Around the Business World: 90 Days Same as Cash! Deals
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Compound Interest, Future Value, and Present Value
Compound Interest and Future Value
Present Value
Around the Business World: Maximize Your Investments: Start Early!
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Annuities and Sinking Funds
Future Value of an Annuity
Sinking Funds and the Present Value of an Annuity
Around the Business World: Even YOU Can Become a Millionaire
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Consumer Credit
Installment Loans
Paying a Loan Before It Is Due: The Rule of 78
Open-End Credit
Annual Percentage Rates
Home Mortgages
Around the Business World: Debt Snowball
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Depreciation
Straight-Line Method of Depreciation
Units-of-Production Method of Depreciation
Sum-of-the-Years-Digits Method of Depreciation
Declining-Balance Method of Depreciation
Cost-Recovery Depreciation Systems
Section 179 Deductions
Around the Business World: Small Businesses Benefit from Section 179 Deduction-But It Has Its Limits!
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Inventory, Turnover, and Overhead
Inventory
Turnover and Overhead
Around the Business World: OPEC Oil Inventory
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Financial Statements
The Balance Sheet
Income Statements
Financial Statement Ratios
Around the Business World: New Homes Inventory Turnover Ratio
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Insurance
Fire Insurance
Motor Vehicle Insurance
Life Insurance
Around the Business World: Sport-Utility Vehicle Insurance
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Taxes
Sales Tax
Property Tax
Income Tax
Around the Business World: Social Security Benefits
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Stocks and Bonds
Stocks
Bonds
Around the Business World: The Stock Market over the Long Term
Overview
Words to Know
Concepts Analysis
Assignment Exercises
Practice Test
Self-Check Solutions
Answers to Odd-Numbered Problems
Glossary/Index
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