Department/Grade:   Business Education                                                    Course: Business Math                                

Revision Date:  April, 2008               Required/Elective:     Elective           Course Length: One Year

Prerequisite: None

Course Description:

This class covers topics that are useful, not only in business, but in everyday life.  Topics include:  money records, gross and average pay, fringe benefits and commissions, budgeting, buying, borrowing, and preparation of income tax returns.  This course also includes a review of basic math functions.

COURSE OBJECTIVES	CONTENT/TIMELINE OUTLINE
List adjustments that can be made to a workstation to make it more comfortable.	Identify strain and overexertion hazards
List adjustments that can be made to eliminate glare on a computer screen.	Identify ways to reduce eyestrain while using a computer monitor
List suggestions for relieving the stress of sitting too long at a computer.	Identify ways to reduce the stress of sitting
List safety hazards and preventive measures for each.	Identify fall hazards, equipment hazards, material storage hazards, electrical hazards, and fire hazards
List examples of reasonable accommodations made to comply with the Americans with Disabilities Act.	Identify accommodations made in the workplace and public facilities
Hourly Pay and Salary	Gross pay for hourly-rate employees Gross pay for salaried employees
Average Pay	Simple averages Averages in grouped data Unknown items in a set of data
Regular and Overtime Pay	Recording hours worked Overtime and overtime pay rates Regular and overtime wages
Commission	Straight commission Commission based on quota Graduated commission Rate of commission on sales
Other Wage Plans	Piece-rate employees Per diem employees Tip employees
Deductions from Gross Pay	Federal withholding tax deduction Social Security and Medicare tax deductions Total deductions and net pay
Benefits and Job Expenses	Total job benefits Net job benefits Comparing net job benefits
Federal Income Taxes	Adjusted gross income and taxable income Income tax due Income tax refunds for single dependents
State and City Income Taxes	State and city flat income taxes State and city graduated income  taxes
Cash Receipts and Payments Records	Cash receipts record Columnar cash payments record
Budgets	Expense percentages Budgeting
Checking Accounts	Deposit slip Check register
Electronic Banking	Electronic banking Recording electronic transactions
Online Banking	Online-account access
Check Register Reconciliation	Reconcile the bank statement Reconcile the check register
Other Reconciliation Problems	Reconcile the checking account
Savings Accounts	Simple interest Compound interest Compound interest tables
Money Market and CD Accounts	Special savings accounts Penalties on certificates of deposit Compare savings accounts Effective rate of interest
Promissory Notes	Interest-bearing promissory notes Exact interest method Ordinary interest method Rate of interest
Discounted Promissory Notes	Discounted promissory notes True rate of interest
Interest Tables	Simple interest tables Due dates Days between dates
Installment Loans	Installment price and finance charge Monthly installment payments Installment loans
Early Loan Repayments	Earned and unearned finance charges Early loan repayments
Annual Percentage Rates	Annual percentage rate (APR)
Credit Card Costs	Information on a credit card statement Verify transactions Cost of credit card use
Credit Card Finance Charges	Previous balance method Adjusted balance method Average daily balance method Cash advances
Sales Taxes	Sales taxes on purchases Nontaxable items
Sales Receipts	Sales slip extensions Sales slip totals
Unit Prices	Unit price comparisons Group pricing
Comparative Shopping	Prices at sales, different stores, and in different amounts Rental options Rent or buy
Personal Internet Access	Internet connection costs Internet speeds
Borrowing to Buy a Home	Down payments and closing costs Mortgage loan interest costs Refinancing a mortgage
Renting or Owning a Home	Costs of home ownership Costs of property rental Comparing renting and owning homes
Property Taxes	Decimal tax rate Tax rates per $100 or $1,000 of assessed value Tax rates in mills or cents per dollar of assessed value
Property Insurance	Property owners insurance premiums Renters insurance premiums Collecting on insurance claims
Buying a Car	Manufacturers suggested retail price Cost of new car purchases Cost of used car purchases
Depreciating a Car	Average annual depreciation Rate of depreciation
Car Insurance	Car insurance premiums
Car Purchases and Leases	Financing car purchases Costs of leasing Comparing leasing and buying Costs of operating cars
Life Insurance	Life insurance premiums Net cost of insurance Life insurance cash values
Health Insurance	Health insurance premiums Health insurance benefits and coinsurance
Disability Insurance	Disability insurance premiums
Buying Bonds	Market price of bonds Total investment in bonds
Bond Interest	Bond income Bond yields Total cost of bonds
Stocks	Purchasing stock Stock dividends Stock yields Stock sales
Mutual Funds	Total investment in a mutual fund Amount and rate of commissions Profit or loss from mutual fund investments
Real Estate	Net income from real estate Rate of return on real estate Finding what monthly rent to charge
Retirement Investments	Retirement income Pension income Withdrawals from a retirement investment
Measures of Central Tendency	Mean, median, and mode Frequency distribution
Probability	Probability Experimental probability Probability based on experience
Bar and Line Graphs	Vertical bar graphs Horizontal bar graphs Line graphs
Circle and Rectangle Graphs	Circle graphs Rectangle graphs
Economic Statistics	Consumer price index Rate of inflation Purchasing power of the dollar Unemployment rate
RESOURCE MATERIALS	ASSESSMENT
Business Math, 15^th Edition Thomson-Southwestern Publishing Co.	Chapter Exercises Quizzes/Tests