(All chapters include a 'Net Assets' feature and end with a list of Chapter Terms, Quick Review, Summary Exercises and a Chapter Test. Chapters 3, 7, and 10 have a Cumulative Review.)
1. Whole Numbers and Decimals.
Whole Numbers.
Application Problems.
Basics of Decimals.
Addition and Subtraction of Decimals.
Multiplication and Division of Decimals.
2. Fractions.
Basics of Fractions.
Addition and Subtraction of Fractions.
Addition and Subtraction of Mixed Numbers.
Multiplication and Division of Fractions.
Converting Decimals to Fractions and Fractions to Decimals.
3. Percent.
Writing Decimals and Fractions as Percents.
Finding Part.
Finding Base.
Supplementary Exercises on Base.
Finding Rate.
Supplementary Exercises on Base, Rate and Part.
Increase and Decrease Problems.
4. Bank Services.
Checking Accounts and Check Registers.
Checking Services and Credit-Card Transactions.
Reconciliation.
5. Payroll.
Gross Earnings (Wages and Salaries).
Gross Earnings (Piecework and Commissions).
Social Security, Medicare, and Other Taxes.
Income Tax Withholding.
6. Mathematics of Buying.
Invoices and Trade Discounts.
Single Discount Equivalents.
Cash Discounts: Ordinary Dating Method.
Cash Discounts: Other Dating Methods.
7. Mathematics of Selling.
Markup on Cost.
Markup on Selling Price.
Markdown.
Turnover and Valuation of Inventory.
8. Simple Interest.
Basics of Simple Interest.
Finding Principal, Rate, and Time.
Simple Discount Notes.
Discounting a Note Before Maturity.
Supplementary Exercises on Simple Interest and Simple Discount.
9. Compound Interest.
Compound Interest.
Savings Accounts and Inflation.
Present Value.
10. Annuities, Stocks, and Bonds.
Annuities.
Present Value of an Annuity.
Sinking Funds (Finding Annuity Payments).
Stocks.
Bonds.
11. Business and Consumer Loans.
Open-End Credit and Charge Cards.
Installment Loans.
Early Payoffs of Loans.
Personal Property Loans.
Real Estate Loans.
12. Taxes and Insurance.
Property Tax.
Personal Income Tax.
Fire Insurance.
Motor Vehicle Insurance.
Life Insurance.
13. Depreciation.
Depreciation: Straight-Line Method.
Depreciation: Declining-Balance Method.
Depreciation: Sum-of-the-Years'-Digits Method.
Supplementary Application Exercises on Depreciation.
Depreciation: Units-of-Production Method.
Depreciation: Modified Accelerated Cost Recovery System.
14. Financial Statements and Ratios.
The Income Statement.
Analyzing the Income Statement.
The Balance Sheet.
Analyzing the Balance Sheet.
15. Business Statistics.
Frequency Distributions and Graphs.
Mean, Median, and Mode.
Appendix A: Equations and Formula Review.
Equations.
Business Applications of Equations.
Business Formulas.
Ratio and Proportion.
Appendix B: Scientific Calculators.
Appendix C: Financial Calculators.
Answers to Selected Exercises.
Glossary.
Index of Applications.
Index.
