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College Business Mathematics, 1/e

John E. Rogers
Bruce F. Haney, both of Onondaga Community College

Coming November, 1999 by Prentice Hall Career & Technology

Copyright 2000, 912 pp.
Cloth Bound w/CD-ROM
ISBN 0-13-080769-9

[CD Included]


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Summary

For undergraduate-level courses in Business Mathematics, Basic Finance, and Applied Mathematics. Unlike most texts that treat business mathematics as a series of isolated topics that happen to use mathematics, this text uses financial statements to explore the relationships between various business applications and accounting concepts and to show students how mathematics is used to formulate, analyze, and resolve business problems.

Features


Integrates the disciplines of mathematics and business—Relates the technical skills taught in each topic area to the conceptual themes to which each is applied—showing how each part contributes to the whole.

  • Helps students answer the question “Why do I need to know this?”
Presents/reviews mathematical concepts in a logical order at the beginning of the text.
  • Brings students up to speed in the mathematical basics before getting involved in the complexities of applications, thus allowing them to focus more on the context of the math than on the its mechanics.
Early coverage of Financial Statements and Analysis.
  • Provides a greater incentive for business-oriented students to learn and understand mathematics by showing them—from the very beginning—its relevance to the real world of business. The inputs into these financial statements emanate from subsequent chapters, such as markup, discounts, inventory, depreciation, and interest. This reinforces the importance of accounting as “the language of business” and allows students to better understand the interrelationships of subsequent topics.
Dual approach to problem solving.
  • Presents solutions both algebraically and arithmetically to accommodate a variety of teaching/learning preferences.
In depth chapter introductions and detailed explanations of business concepts.
  • Makes sure that students understand the contexts of the mathematics.
Use of calculators.
  • Encourages students to obtain and properly use a scientific calculator with statistical functions or a financial calculator. Shows students how to think through a problem, select an appropriate solution methodology, and then use their calculators to perform the required computations. Provides calculator solutions for many examples.
Detailed diagrams and illustrations.
  • Helps students visualize difficult business procedures, which in turn, enhances their problem-solving skills.
FYI applications.
  • Illustrates how chapter content is used in actual business situations.
On-going, realistic business applications—"Mind Your Business" exercises—that require students to apply problem-solving skills of varying complexity.
  • Asks students to assume the role of a partner in a business called “Media World.” Beginning with Ch. 4, and then in every chapter thereafter, they apply chapter content by creating financial information and making decisions that are the basis of monthly financial statement preparation and analysis.
Extensive chapter-end exercises
  • Provides realistic applications of mathematical concepts in greater numbers and degree of difficulty than in most other texts; to help students develop critical and analytical thinking skills.
“Express Your Understanding” exercises.
  • Requires students to explain in their own words their understanding of concepts and procedures.
Class-tested for several years by the authors.
  • Ensures accuracy and clarity of presentation.


Table of Contents
    1. Solving Equations and Word Problems.
    2. Percents.
    3. Business Statistics and Graphs.
    4. Financial Statements and Analysis.
    5. Purchasing Merchandise.
    6. Pricing Merchandise.
    7. Simple Interest.
    8. Simple Discount.
    9. Compound Interest.
    10. Annuities.
    11. Business and Consumer Credit.
    12. Bank Services and Records.
    13. Securities and Distribution of Income and Expenses.
    14. Depreciation.
    15. Inventory Control.
    16. Payroll Systems.
    17. Taxes.
    18. Risk Management.
    Appendices


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