Student Solutions Manual for Business Mathematics

• Preface
• The Business Mathematics, 14th Edition Learning System
• Learning Tips for Students
• Business Mathematics Pretest
• Index of Applications

1. Whole Numbers and Decimals
   • 1.1 Whole Numbers
   • 1.2 Application Problems
   • 1.3 Decimal Numbers
   • 1.4 Addition and Subtraction of Decimals
   • 1.5 Multiplication and Division of Decimals
   • Chapter 1 Quick Review
   • Chapter Terms
   • Case Study: Cost of Getting Married
   • Case in Point Summary Exercise: Subway
   • Chapter 1 Test
2. Fractions
   • 2.1 Fractions
   • 2.2 Addition and Subtraction of Fractions
   • 2.3 Addition and Subtraction of Mixed Numbers
   • 2.4 Multiplication and Division of Fractions
   • 2.5 Converting Decimals to Fractions and Fractions to Decimals
   • Chapter 2 Quick Review
   • Chapter Terms
   • Case Study: Operating Expenses at Woodline Moldings and Trim
   • Case in Point Summary Exercise: The Home Depot
   • Chapter 2 Test
3. Percents
   • 3.1 Writing Decimals and Fractions as Percents
   • 3.2 Finding Part
   • 3.3 Finding Base
     • Supplementary Application Exercises on Base and Part
   • 3.4 Finding Rate
     • Supplementary Application Exercises on Base, Rate, and Part
   • 3.5 Increase and Decrease Problems
   • Chapter 3 Quick Review
   • Chapter Terms
   • Case Study: Self Employed Retirement Plan
   • Case in Point Summary Exercise: Century 21
   • Chapter 3 Test
4. Equations and Formulas
   • 4.1 Solving Equations
   • 4.2 Applications of Equations
   • 4.3 Business Formulas
   • 4.4 Ratio and Proportion
   • Chapter 4 Quick Review
   • Chapter Terms
   • Case Study: Forecasting Sales at Alcorn's Boutique
   • Case in Point Summary Exercise: General Motors
   • Chapter 4 Test
     • Chapters 1 - 4 Cumulative Review
5. Bank Services
   • 5.1 Banking, Checking Accounts, and Check Registers
   • 5.2 Checking Services and Credit-Card Transactions
   • 5.3 Bank Statement Reconciliation
   • Chapter 5 Quick Review
   • Chapter Terms
   • Case Study: Banking Activities of a Retailer
   • Case in Point Summary Exercise: Jackson & Perkins
   • Chapter 5 Test
6. Payroll
   • 6.1 Gross Earnings: Wages and Salaries
   • 6.2 Gross Earnings: Piecework and Commissions
   • 6.3 Social Security, Medicare, and Other Taxes
   • 6.4 Income Tax Withholding
   • Chapter 6 Quick Review
   • Chapter Terms
   • Case Study: Payroll: Finding Your Take-Home Pay
   • Case in Point Summary Exercise: Payroll at Starbucks
   • Chapter 6 Test
7. Mathematics of Buying
   • 7.1 Invoices and Trade Discounts
   • 7.2 Series Discounts and Single Discount Equivalents
   • 7.3 Cash Discounts: Ordinary Dating Methods
   • 7.4 Cash Discounts: Other Dating Methods
   • Chapter 7 Quick Review
   • Chapter Terms
   • Case Study: George Foreman
   • Case in Point Summary Exercise: Discounts at Bed Bath & Beyond
   • Chapter 7 Test
8. Mathematics of Selling
   • 8.1 Markup on Cost
   • 8.2 Markup on Selling Price
     • Supplementary Application Exercises on Markup
   • 8.3 Markdown
   • 8.4 Turnover and Valuation of Inventory
   • Chapter 8 Quick Review
   • Chapter Terms
   • Case Study: Markdown: Reducing Prices to Move Merchandise
   • Case in Point Summary Exercise: Recreational Equipment Inc. (REI)
   • Chapter 8 Test
     • Chapters 5 - 8 Cumulative Review
9. Simple Interest
   • 9.1 Basics of Simple Interest
   • 9.2 Finding Principal, Rate, and Time
   • 9.3 Simple Discount Notes
   • 9.4 Discounting a Note Before Maturity
     • Supplementary Application Exercises on Simple Interest and Simple Discount
   • Chapter 9 Quick Review
   • Chapter Terms
   • Case Study: Banking in a Global World: How Do Large Banks Make Money?
   • Case in Point Summary Exercise: Apple, Inc.
   • Chapter 9 Test
10. Compound Interest and Inflation
    • 10.1 Compound Interest
    • 10.2 Interest-Bearing Bank Accounts and Inflation
    • 10.3 Present Value and Future Value
    • Chapter 10 Quick Review
    • Chapter Terms
    • Case Study: Valuing a Chain of McDonald's Restaurants
    • Case in Point Summary Exercise: Bank of America
    • Chapter 10 Test
      • Chapters 9 - 10 Cumulative Review
11. Annuities, Stocks, and Bonds
    • 11.1 Annuities and Retirement Accounts
    • 11.2 Present Value of an Ordinary Annuity
    • 11.3 Sinking Funds (Finding Annuity Payments)
      • Supplementary Application Exercises on Annuities and Sinking Funds
    • 11.4 Stocks and Mutual Funds
    • 11.5 Bonds
    • Chapter 11 Quick Review
    • Chapter Terms
    • Case Study: Financial Planning
    • Case in Point Summary Exercise
    • Chapter 11 Test
12. Business and Consumer Loans
    • 12.1 Open-End Credit and Charge Cards
    • 12.2 Installment Loans
    • 12.3 Early Payoffs of Loans
    • 12.4 Personal Property Loans
    • 12.5 Real Estate Loans
    • Chapter 12 Quick Review
    • Chapter Terms
    • Case Study: Consolidating Loans
    • Case in Point Summary Exercise: Underwater on a Home
    • Chapter 12 Test
      • Chapters 11 - 12 Cumulative Review
13. Taxes and Insurance
    • 13.1 Property Tax
    • 13.2 Personal Income Tax
    • 13.3 Fire Insurance
    • 13.4 Motor-Vehicle Insurance
    • 13.5 Life Insurance
    • Chapter 13 Quick Review
    • Chapter Terms
    • Case Study: Financial Planning for Property Taxes and Insurance
    • Case in Point Summary Exercise: Mattel Inc.—Taxes and Insurance
    • Chapter 13 Test
14. Depreciation
    • 14.1 Straight-Line Method
    • 14.2 Declining-Balance Method
    • 14.3 Sum-of-the-Years'-Digits Method
      • Supplementary Application Exercises on Depreciation
    • 14.4 Units-of-Production Method
    • 14.5 Modified Accelerated Cost Recovery System
    • Chapter 14 Quick Review
    • Chapter Terms
    • Case Study: Comparing Depreciation Methods
    • Case in Point Summary Exercise: Ford Motor Company
    • Chapter 14 Test
15. Financial Statements and Ratios
    • 15.1 The Income Statement
    • 15.2 Analyzing the Income Statement
    • 15.3 The Balance Sheet
    • 15.4 Analyzing the Balance Sheet
    • Chapter 15 Quick Review
    • Chapter Terms
    • Case Study: Bicycle Shop
    • Case in Point Summary Exercise: Apple, Inc.
    • Chapter 15 Test
16. Budgeting and Business Statistics
    • 16.1 Planning and Budgeting
    • 16.2 Frequency Distributions and Graphs
    • 16.3 Mean, Median, and Mode
    • Chapter 16 Quick Review
    • Chapter Terms
    • Case Study: Watching a Small Business Grow
    • Case in Point Summary Exercise: Bobby Flay
    • Chapter 16 Test

Appendices

• A. The Metric System
• B. Basic Calculators
• C. Financial Calculators
• D. Exponents and the Order of Operations
• E. Graphing Equations

• Answers to Selected Exercises
• Glossary
• Index
• Photo Credits