Mathematics for Business Careers

(NOTE: Each chapter ends with Key Terms and a Self-Test.) Preface. How to Use this Book. 1. Whole Numbers. Writing Whole Numbers. Adding Whole Numbers. Subtracting Whole Numbers. Multiplying Whole Numbers. Dividing Whole Numbers. 2. Fractions. Renaming Fractions. Multiplication of Fractions. Division of Fractions. Addition and Subtraction of Fractions. 3. Decimal Numbers. Adding and Subtracting Decimals. Multiplying and Dividing Decimals. Converting Decimal Numbers and Fractions. 4. Percent. Converting to and from Percent. Solving Percent Problems. 5. Bank Records. Setting Up and Using a Checking Account. Reconciling Checking Accounts. 6. Payroll. Paying Salaried and Hourly Employees. Determining Piecework and Commission Pay. 7. The Mathematics of Buying. Taking Advantage of Trade Discounts. Using Cash Discounts. 8. The Mathematics of Selling. Calculating Markup Based on Cost. Calculating Markup Based on Selling Price. Setting Markdowns. 9. Simple Interest. Calculating Time. Calculating Simple Interest. Solving for Principal, Interest Rate, and Time. 10. Bank Discount Loans. Promissory Notes and Bank Discount on Noninterest Bearing Notes. Bank Discount of an Interest-Bearing Note. 11. More Complex Loans. Using Installment Loans. Working with the Rule of 78. Using Open-End Credit. 12. Compound Interest and Present Value. Compound Interest. Present Value. 13. Investments. Annuities: Due and Ordinary. Sinking Funds. Stocks and Bonds. 14. Real Estate Mathematics. Mortgage Payments and Points. Amortization. 15. Inventory and Overhead. Inventory Valuation. Retail Method and Overhead. 16. Depreciation. Straight-Line and Units-of-Production Methods. Declining Balance and Sum-of-the-Years Digits Methods. The ARCS and MACRS Methods. 17. Taxes. Federal Income and Tax and FICA. Unemployment Taxes. Sales Tax, Excise Tax, and Property Tax. 18. Insurance. Fire Insurance. Motor Vehicle Insurance. Life Insurance. 19. Financial Statement Analysis. Balance Sheets. Income Statements. Financial Ratio Analysis. 20. Statistics and Graphs. Business Statistics. Business Graphs. Appendix A. Appendix B.