Supplementary

   Calvary University

 Faculty of Arts — Business Leadership



Business Math
    Complete Version

Book Cover

Edition 7

Cheryl Cleaves,
Margie Hobbs
0-13-160674-3
Paperback
800 pages
2005


Brief Description

For Business Math, Consumer Math, and Personal Finance courses (arithmetic-based) at the undergraduate level.

Authors' Philosophy

Business Math, 7th Edition reflects more than 25 years of author involvement with business math education and the business community. Our teaching experience and our continuing interaction with business math instructors and students keep us on top of the changing needs of our students and their employers. Our focus in this edition is on linking mathematics with real business practices in real businesses. We hope this focus helps students gain a better appreciation for and understanding of the concepts that are vital in the business world. In the text and supplement package, we strive to provide both students and instructors with a full range of resources in print and electronic form to suit a variety of teaching and learning styles. The new standard book package includes the text packaged with the ReviewMaster Tutorial CD, the print Study Guide, and access to the Math Tutor Center (telephone tutor service), all at no additional cost to the student.

Features

  • Student Solutions Manual
    This helpful study tool includes worked solutions to all odd numbered exercises in the text.
  • Expanded Companion Websitex www.prenhall.com/cleaves contains Objectives, Excel templates, Web exercises, Video Cases, Video Case Web Extensions, PPT Chapter Review, Chapter Quizzes, and Vocabulary Review
    Students can access this online learning site 24/7 to improve content mastery
  • FOR THE INSTRUCTOR
    OneKey Access to all course materials
    All instructor and student online course materials for this book are delivered in one Web-based course system
  • Expanded PowerPoint Lecture Presentation Package includes key lecture points and many new examples
    Allows the instructor to review key concepts in-class using new examples not in the book

New to this Edition

NEW - Business Decision-Making Theme Students are taught the computational skill and then given multiple opportunities to apply the skill in real world business situations

Motivational real-life situations Chapter opening scenarios use real products and real companies to illustrate the need for learning the concepts in the chapter.

Two case studies are included at the end of each chapter. The cases focus on real products and companies and how the concepts of the chapter might be used. The studies are one-page, self-contained units complete with exercises. Solutions to the exercises are included in the AIE on the same page as the case study.

A video case is included in 10 of the chapters that show how the business math concepts relate to actual situations in a real business. The same business is used in all ten videos so that students can get a better understanding of the complexities of a small business.

Early basic math chapters have been reorganized to improve flow of concepts Some of the longer chapters from the 6th edition have been split and the order of the early chapters has been changed to improve the flow of concepts. A complete table of contents is included.

Workbook Format: pages are perforated, so assignments can be handed in for grading if desired increases ease of use in the classroom

Many New Examples and Illustrations of High Interest to Students Student motivation is improved by utilizing examples and cases involving interesting companies and everyday applications of math concepts

Exercises have been reorganized to facilitate the learning process. Stop and Check exercises are included after every learning outcome. The solutions to all these exercises are included in the back of the text. The answers are included on the same page in the AIE.

Section Exercises are included at the end of each section that are separated as Skill Builders and Applications when appropriate. Answers to the odd-numbered exercises are included in the back of the text. Solutions to the odd-numbered exercises are included in a Student's Solutions Manual. Solutions to all the exercises are included on the exercise pages in the AIE.

There are two parallel sets of end-of-chapter exercises at the end of each chapter. The exercises are on perforated pages and can be used as hand-in assignments. Selected answers are included in the back of the text. All solutions are included in the AIE on the assignment pages.

A practice test is included at the end of each chapter. The odd-numbered answers are included in the back of the text. All solutions are included on the text pages in the AIE.

Business Math Cases 3 new short cases that open and close the chapter ask students to apply math concepts to a variety of business situations These 63 short cases (extended scenario-based word problems) ask students to solve real business problems and allow for more involved application than with typical word problems

"Real-World!" Business Math Video Cases 10 Scenario-based video cases designed for in-class use dealing with business problems of interest to students (VHS and DVD)

ExamGear Tutorial CD This unique tutorial tool packaged free within the text contains the entire book on CD along with question banks for each section objective covered in the text. As students work through the section questions in study mode, they receive feedback to answers and can immediately access the text to review concepts that have not been understood. In test mode, students can take a test and have it scored immediately. In the test summary, you will see how you did in each section and see where you need more review and practice. ExamGear helps students master math concepts and prepare for tests

Math Tutor Telephone Help Service free with purchase of new text Students can call or email a tutor to get help when they need it!

Study Guide booklet free with purchase of new text includes 'How to Study Business Math' and additional drill, application, and vocabulary exercises. Provides students with tools needed to succeed in the course and additional practice exercises

Business Math Excel Applications Manual by Laughbaum and Seidel An excel projects manual developed at Columbus State Community College for use with Cleaves and Hobbs Business Math text Instructor's Video Case Toolkit containing teaching notes and handouts and worksheets for use with the videos Instructor notes and worksheets that can be used in-class assist the instructor in the discussion of and solution of business math issues posed in the video. Instructor Resource CD w/PPT and Word files of IRM, TIF, and Video Toolkit
Quick Reference Table booklet available in quantity for use with testing
Test Item File
Lecture Acetates
TestGen Computerized Testing Program

Contents

Each chapter ends with an Overview, Words to Know, Concepts Analysis, Assignment Exercises, Practice Test, and Self-Check Solutions.

1. 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.

2. Problem Solving with Fractions and Percents.
Problem Solving with Fractions. Problem Solving with Percents. Around the Business World: 2000 Census Bureau Earnings Report.

3. Problem Solving with Formulas and Equations.
Formulas. Equations. Using Equations to Solve Problems. Around the Business World: Budgeting with Formulas and Spreadsheets.

4. Statistics, Tables, and Graphs.
Statistics. Tables and Graphs. Around the Business World: Reporting Average Salary.

5. Bank Records.
Checking Account Forms. Bank Statements. Around the Business World: Corporate Bank Accounts.

6. Payroll.
Gross Pay. Payroll Deductions. The Employer's Payroll Taxes. Around the Business World: Pretax Medical Insurance Premiums and Garnishments.

7. 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.

8. Markup and Markdown.
Markup. Markdown. Markup and Markdown Series. Around the Business World: Congressional Pay Raises.

9. 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.

10. Compound Interest, Future Value, and Present Value.
Compound Interest and Future Value. Present Value. Around the Business World: Maximize Your Investments: Start Early!

11. 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.

12. 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.

13. 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!

14. Inventory, Turnover, and Overhead.
Inventory. Turnover and Overhead. Around the Business World: OPEC Oil Inventory.

15. Financial Statements.
The Balance Sheet. Income Statements. Financial Statement Ratios. Around the Business World: New Homes Inventory Turnover Ratio.

16. Insurance.
Fire Insurance. Motor Vehicle Insurance. Life Insurance. Around the Business World: Sport-Utility Vehicle Insurance.

17. Taxes.
Sales Tax. Property Tax. Income Tax 695 1 Find Taxable Income. Around the Business World: Social Security Benefits.

18. Stocks and Bonds.
Stocks. Bonds. Around the Business World: The Stock Market over the Long Term.

Answers to Odd-Numbered Problems.
Glossary/Index.

Companion Website:

http://www.prenhall.com/cleaves


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