Business Math

by Schultheis, Robert; Kaczmarski, Raymond

• ISBN13: 9780538432535
• ISBN10: 0538432535
• Edition: 15th
• Format: Hardcover
• Copyright: 2002-01-23
• Publisher: South-Western Educational Pub

Summary

Math is an integral part of business. Let the 15th Edition of Applied Business Math provide comprehensive coverage of personal and business-related finance. Learn the curriculum by lesson presentations that include examples with solutions. Basic math skills, spreadsheet applications, a simulation, and e-commerce are presented within each chapter. Upon completion you are prepared to understand and manage your personal finances, as well as grasp the fundamentals of business finance.

Table of Contents

Skills Workshops
Place Value and Order	xix
Rounding Whole Numbers and Decimals	xx
Add and Subtract Whole Numbers and Decimals	xxi
Multiply Whole Numbers and Decimals	xxii
Divide Whole Numbers and Decimals	xxiii
Average a Group of Numbers	xxiv
Multiply and Divide Fractions	xxv
Add Fractions	xxvi
Subtract Fractions	xxvii
Fractions, Decimals, and Percents	xxviii
Percent	xxix
Estimation Skills	xxx
Elapsed Time	xxxi
Problem Solving: 4-Step Plan	xxxii
Metric Measures	xxxiii
Gross Pay	2	(36)
Statistical Insights	2	(1)
NetCheck	3	(1)
Lessons
Hourly Pay and Salary	4	(4)
Average Pay	8	(6)
Regular and Overtime Pay	14	(6)
Commission	20	(6)
Other Wage Plans	26	(12)
Assessment and Review
Exercises	31	(1)
Critical Thinking	31
Decision Making	25	(6)
Integrating Your Knowledge	31
Stretching Your Skills	13	(18)
Mixed Review	31	(2)
Chapter Review	33	(4)
Chapter Assessment	37
Scans	36
Special Features
Algebra Connection	29
Communication	23	(13)
Rate Your Knowledge	36
Team Meeting	17
Workplace Window	6	(28)
Technology Workshop
Payroll Template	34	(1)
Sales Commission Spreadsheet	35	(3)
Net Pay	38	(44)
Statistical Insights	38	(1)
NetCheck	39	(1)
Lessons
Deductions from Gross Pay	40	(7)
Benefits and Job Expenses	47	(6)
Federal Income Taxes	53	(7)
State and City Income Taxes	60	(4)
Cash Receipts and Payments Records	64	(5)
Budgets	69	(13)
Assessment and Review
Exercises	73
Best Buy	51	(22)
Critical Thinking	73	(1)
Decision Making	73
Integrating Your Knowledge	63	(10)
Stretching Your Skills	73	(1)
Mixed Review	73	(2)
Chapter Review	75	(4)
Chapter Assessment	79
Scans	78	(3)
Cumulative Review	81
Special Features
Communication	72	(6)
Rate Your Knowledge	78
Team Meeting	67
Workplace Window	50	(26)
Technology Workshop
Payroll Deduction Template	76	(1)
Job Benefits Spreadsheet	77	(5)
Banking Services	82	(48)
Statistical Insights	82	(1)
NetCheck	83	(1)
Lessons
Checking Accounts	84	(6)
Electronic Banking	90	(4)
Online Banking	94	(5)
Check Register Reconciliation	99	(6)
Other Reconciliation Problems	105	(6)
Savings Accounts	111	(7)
Money Market and CD Accounts	118	(12)
Assessment and Review
Exercises	123	(1)
Critical Thinking	123	(1)
Decision Making	123
Integrating Your Knowledge	89	(27)
Stretching Your Skills	116	(7)
Mixed Review	123	(2)
Chapter Review	125	(4)
Chapter Assessment	129
Scans	128
Special Features
Algebra Connection	115	(7)
Communication	122	(6)
Rate Your Knowledge	128
Team Meeting	97	(6)
Workplace Window	103	(23)
Technology Workshop
Interest Earned Template	126	(1)
Bank Reconciliation Spreadsheet	127	(3)
Loans and Credit Cards	130	(58)
Statistical Insights	130	(1)
NetCheck	131	(1)
Lessons
Promissory Notes	132	(7)
Discounted Promissory Notes	139	(5)
Interest Tables	144	(6)
Installment Loans	150	(6)
Early Loan Repayments	156	(5)
Annual Percentage Rates	161	(4)
Credit Card Costs	165	(7)
Credit Card Finance Charges	172	(16)
Assessment and Review
Exercises	179
Best Buy	160	(11)
Critical Thinking	171	(7)
Decision Making	178	(1)
Integrating Your Knowledge	178
Stretching Your Skills	171	(8)
Mixed Review	179	(2)
Chapter Review	181	(4)
Chapter Assessment	185
Scans	184	(3)
Cumulative Review	187
Special Features
Algebra Connection	163
Communication	148	(36)
Rate Your Knowledge	184
Team Meeting	177
Workplace Window	169	(13)
Technology Workshop
Finance Charge Template	182	(1)
Cash Advance Spreadsheet	183	(5)
Spend Wisely	188	(32)
Statistical Insights	188	(1)
NetCheck	189	(1)
Lessons
Sales Tax	190	(4)
Sales Receipts	194	(5)
Unit Prices	199	(3)
Comparative Shopping	202	(6)
Personal Internet Access	208	(12)
Assessment and Review
Exercises	212	(1)
Best Buy	212
Critical Thinking	193	(19)
Decision Making	212
Stretching Your Skills	207	(6)
Mixed Review	213	(2)
Chapter Review	215	(4)
Chapter Assessment	219
Scans	218
Special Features
Communication	211	(7)
Rate Your Knowledge	218
Team Meeting	205
Workplace Window	192	(24)
Technology Workshop
Rent or Buy Comparison Template	216	(1)
Sales Tax Calculator Spreadsheet	217	(3)
Own a Home or Car	220	(60)
Statistical Insights	220	(1)
NetCheck	221	(1)
Lessons
Borrowing to Buy a Home	222	(7)
Renting or Owning a Home	229	(7)
Property Taxes	236	(6)
Property Insurance	242	(7)
Buying a Car	249	(7)
Depreciating a Car	256	(4)
Car Insurance	260	(4)
Car Purchases and Leases	264	(16)
Assessment and Review
Exercises	269	(1)
Critical Thinking	269	(1)
Decision Making	269
Integrating Your Knowledge	241	(18)
Stretching Your Skills	259	(11)
Mixed Review	270	(3)
Chapter Review	273	(4)
Chapter Assessment	277
Scans	276	(3)
Cumulative Review	279
Special Features
Communication	268	(8)
Rate Your Knowledge	276
Team Meeting	262	(12)
Technology Workshop
Mortgage Payment Template	274	(1)
Insurance Loss Spreadsheet	275	(5)
Insurance and Investments	280	(64)
Statistical Insights	280	(1)
NetCheck	281	(1)
Lessons
Life Insurance	282	(7)
Health Insurance	289	(6)
Disability Insurance	295	(5)
Buying Bonds	300	(5)
Bond Interest	305	(5)
Stocks	310	(8)
Mutual Funds	318	(6)
Real Estate	324	(7)
Retirement Investments	331	(13)
Assessment and Review
Exercises	336
Critical Thinking	330	(6)
Decision Making	336
Integrating Your Knowledge	316	(20)
Stretching Your Skills	336	(1)
Mixed Review	336	(3)
Chapter Review	339	(4)
Chapter Assessment	343
Scans	342
Special Features
Communication	328	(14)
Rate Your Knowledge	342
Team Meeting	321	(14)
Workplace Window	335	(5)
Technology Workshop
IRA Calculator Template	340	(1)
Major Medical Spreadsheet	341	(3)
Business Data Analysis	344	(40)
Statistical Insights	344	(1)
NetCheck	345	(1)
Lessons
Measures of Central Tendency	346	(5)
Probability	351	(6)
Bar and Line Graphs	357	(7)
Circle and Rectangle Graphs	364	(5)
Economic Statistics	369	(15)
Assessment and Review
Exercises	374	(1)
Critical Thinking	374	(1)
Integrating Your Knowledge	374	(1)
Stretching Your Skills	374	(1)
Mixed Review	375	(2)
Chapter Review	377	(4)
Chapter Assessment	381
Scans	380	(3)
Cumulative Review	383
Special Features
Algebra Connection	367	(6)
Communication	373	(7)
Rate Your Knowledge	380
Team Meeting	360
Workplace Window	354	(24)
Technology Workshop
Inflation Indicator Template	378	(1)
Spreadsheet to Graph Sales Data	379	(5)
Business Technologies	384	(38)
Statistical Insights	384	(1)
NetCheck	385	(1)
Lessons
Computer Hardware and Storage	386	(8)
Software	394	(5)
Computer System Support	399	(5)
E-Business	404	(6)
Wireless Communications	410	(12)
Assessment and Review
Exercises	415
Critical Thinking	409	(6)
Best Buy	415	(1)
Integrating Your Knowledge	415
Stretching Your Skills	402	(13)
Mixed Review	415	(2)
Chapter Review	417	(4)
Chapter Assessment	421
Scans	420
Special Features
Communication	407	(13)
Rate Your Knowledge	420
Team Meeting	414
Workplace Window	401	(17)
Technology Workshop
Technical Support Template	418	(1)
Byte Conversion Spreadsheet	419	(3)
Manage People and Inventory	422	(42)
Statistical Insights	422	(1)
NetCheck	423	(1)
Lessons
Employee Recruitment Costs	424	(6)
Wage and Salary Increases	430	(5)
Total Costs of Labor	435	(5)
Tracking and Reordering Inventory	440	(5)
Inventory Valuation	445	(6)
Ordering and Carrying Inventory	451	(13)
Assessment and Review
Exercises	455	(1)
Critical Thinking	455
Decision Making	439	(11)
Integrating Your Knowledge	450	(5)
Stretching Your Skills	455	(1)
Mixed Review	455	(2)
Chapter Review	457	(4)
Chapter Assessment	461
Scans	460	(3)
Cumulative Review	463
Special Features
Communication	454	(6)
Rate Your Knowledge	460
Team Meeting	443	(15)
Technology Workshop
Cola Template	458	(1)
Ending Inventory Spreadsheet	459	(5)
Business Costs	464	(36)
Statistical Insights	464	(1)
NetCheck	465	(1)
Lessons
Manufacturing Costs	466	(5)
Break-Even Point	471	(4)
Depreciation Costs	475	(5)
Shipping Costs	480	(6)
Office Costs	486	(4)
Travel Expenses	490	(10)
Assessment and Review
Exercises	493
Critical Thinking	479	(14)
Decision Making	493	(1)
Integrating Your Knowledge	493
Stretching Your Skills	489	(4)
Mixed Review	493	(2)
Chapter Review	495	(4)
Chapter Assessment	499
Scans	498
Best Buy	484
Special Features
Communication	478	(20)
Rate Your Knowledge	498
Team Meeting	488	(4)
Workplace Window	492	(4)
Technology Workshop
MACRS Template	496	(1)
Break-Even Point Spreadsheet	497	(3)
Sales and Marketing	500	(54)
Statistical Insights	500	(1)
NetCheck	501	(1)
Lessons
Cash Sales and Sales on Account	502	(7)
Cash and Trade Discounts	509	(7)
Series Trade Discounts	516	(6)
Markup and Markdown	522	(6)
Marketing Surveys	528	(4)
Sales Forecasts	532	(4)
Market Share	536	(4)
Advertising	540	(14)
Assessment and Review
Exercises	545
Best Buy	520	(19)
Critical Thinking	539	(1)
Decision Making	539	(6)
Integrating Your Knowledge	545
Stretching Your Skills	515	(30)
Mixed Review	545	(2)
Chapter Review	547	(4)
Chapter Assessment	551
Scans	550	(3)
Cumulative Review	553
Special Features
Algebra Connection	534	(3)
Communication	537	(13)
Rate Your Knowledge	550
Team Meeting	543	(5)
Technology Workshop
Forecasting Sales Template	548	(1)
Series Discount Spreadsheet	549	(5)
Business Profit and Loss	554	(36)
Statistical Insights	554	(1)
NetCheck	555	(1)
Lessons
Preparing Income Statements	556	(6)
Analyzing Income Statements	562	(4)
Partnership Income	566	(5)
Preparing Balance Sheets	571	(5)
Analyzing Balance Sheets	576	(5)
Bankruptcy	581	(9)
Assessment and Review
Exercises	583	(1)
Critical Thinking	583
Integrating Your Knowledge	580	(3)
Mixed Review	583	(2)
Chapter Review	585	(4)
Chapter Assessment	589
Scans	588
Special Features
Algebra Connection	573	(9)
Communication	582	(6)
Rate Your Knowledge	588
Team Meeting	564	(15)
Workplace Window	579	(7)
Technology Workshop
Balance Sheet Analyzer Template	586	(1)
Income Statement Spreadsheet	587	(3)
International Business	590	(38)
Statistical Insights	590	(1)
NetCheck	591	(1)
Lessons
Production, Trade, and Finance	592	(5)
International Time and Temperature	597	(5)
International Measures of Length	602	(6)
International Measures of Area	608	(6)
International Measures of Capacity and Weight	614	(14)
Assessment and Review
Exercises	619
Best Buy	596	(23)
Critical Thinking	619
Decision Making	613	(1)
Integrating Your Knowledge	613	(6)
Mixed Review	619	(2)
Chapter Review	621	(4)
Chapter Assessment	625
Scans	624	(3)
Cumulative Review	627
Special Features
Algebra Connection	612	(6)
Communication	618	(6)
Rate Your Knowledge	624
Team Meeting	606	(16)
Technology Workshop
Currency Exchange Template	622	(1)
Temperature Conversion Spreadsheet	623	(5)
Selected Answers	628	(10)
Glossary	638	(6)
Index	644	(12)
Credits	656