Business Mathematics
- 3rd Edition - May 10, 2014
- Author: Burton S. Kaliski
- Language: English
- Paperback ISBN:9 7 8 - 1 - 4 8 3 2 - 4 1 2 1 - 0
- eBook ISBN:9 7 8 - 1 - 4 8 3 2 - 6 0 5 7 - 0
Business Mathematics, Third Edition provides the step-by-step explanation of principles, practical aspects, and importance of business mathematics. This edition is organized into… Read more
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Request a sales quoteBusiness Mathematics, Third Edition provides the step-by-step explanation of principles, practical aspects, and importance of business mathematics. This edition is organized into six sections encompassing 14 chapters that cover related topics of the metric system, no-fault insurance, individual retirement plans, charge account plans, home mortgages, and NOW accounts. Section 1 gives a thorough review of the fundamental processes, while Section 2 deals with buying and selling, the first factors considered in calculating a firm's profit or loss. Section 3 discusses the operating expenses that reduce the profit or increase the loss from buying and selling activities, and the actual calculation of net profit or loss. Sections 4 and 5 consider the principles of interest as a form of additional income or expense, as well as the investment in stocks, bonds, mutual funds, and other areas as still another source of income or expense. Section 6 describes the procedures for summarizing and analyzing data. The review part at the end of each section lists the important terms and reinforces the major principles learned in the unit. The summary problems in the Unit Review are intended as self-tests and should serve as effective review for examinations. This book will be of great value to business mathematicians, economists, and the general public who are interested in investments.
PrefaceUnit 1 Fundamentals of Arithmetic 1 The Basic Skills Decimal Numbers The Bank Reconciliation: An Application of the Basics Fractions Converting Fractions, Decimals, Percents Check Your Reading Exercises 2 Base, Rate, and Percentage Finding the Percentage Finding the Base Finding the Rate Rounding in Base, Rate, and Percentage Problems Finding the Rate of Increase or Decrease Summary Check your Reading Exercises Unit 1 ReviewUnit 2 The Mathematics of Trading 3 Buying Computing the Total List Price of a Purchase Trade Discounts Cash Discount Summary Check your Reading Exercises 4 Pricing and Selling Setting a Price Interchanging Bases in Markup Problems Computing Profit Other Selling Factors Summary Check Your Reading Exercises Unit 2 ReviewUnit 3 The Mathematics of Operating 5 Payroll Bases for Gross Wages Payroll Deductions The Payroll Register The Employer's Expenses Check your Reading Exercises 6 Insurance Terminology Fire Insurance Automobile Insurance Life Insurance Other Business Insurance Summary Check your Reading Exercises 7 Depreciation, Other Expenses, and Business Profits Depreciation Computing Depreciation Other Business Expenses Business Profits Check your Reading Exercises Unit 3 ReviewUnit 4 The Mathematics of Finance 8 Simple Interest and Bank Discount Computing Simple Interest for a Year or More Computing Simple Interest for Less Than a Year Summary of Simple Interest Methods The Promissory Note Bank Discount Discounting a Customer's Note Check your Reading Exercises 9 Accumulation of Funds Compound Interest The Annuity Present Value of a Future Amount Present Value of an Annuity The Sinking Fund Summary of Interest Tables The Savings Account Check your Reading Exercises 10 Consumer Credit Terms of Regulation Z Open-End Credit Installment Buying Actuarial Loans and Debt-Reduction Schedules Finding the True Annual Rate of Interest Summary Check your Reading Exercises Unit 4 ReviewUnit 5 The Mathematics of Ownership and Investment 11 Corporation Stocks Legal Features of a Corporation Stock Features and Terms Distribution of Profits Purchasing and Selling Stock Gain or Loss on the Trading of Stock Summary Problem on Stocks Check your Reading Exercises 12 Bonds and Other Investments Bonds Mutual Funds Real Estate as an Investment Life Insurance as an Investment Comparing Investment Choices Unit 5 ReviewUnit 6 The Mathematics of Summary and Analysis 13 Summary Techniques Financial Statements Basic Statistical Summaries Check Your Reading Exercises 14 Analytical Procedures Analyzing Financial Statements Index Numbers Check your Reading Exercises Unit 6 ReviewAppendix A Operating Electronic Calculators The Electronic Calculator Characteristics of the Electronic Calculator How to Operate the Electronic Printing Calculator Operating the Ten-Key Desk-Top Calculator Keyboard Operating the Ten-Key Pocket Calculator Keyboard Machine Logic Procedures for Machine Addition and Subtraction Procedures for Other Basic Machine Operations Multiplication Division PercentagesAppendix B The Metric System Base 10 Metric Prefixes Measures of Distance Test your Ability Conversion to the English System Conversion from the English System Test your Ability Measures of Weight Conversion to the English System Conversion from the English System Test your Ability Calculating with Metric Measures Addition and Subtraction Multiplication and Division Test your Ability Summary Terms you Should Know Check your Reading ExercisesGlossaryAnswers to Test your Ability ProblemsIndex
- No. of pages: 428
- Language: English
- Edition: 3
- Published: May 10, 2014
- Imprint: Academic Press
- Paperback ISBN: 9781483241210
- eBook ISBN: 9781483260570
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