Cover image for Business Math For Dummies.
Business Math For Dummies.
Title:
Business Math For Dummies.
Author:
Sterling, Mary Jane.
ISBN:
9780470397398
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (410 pages)
Series:
For dummies
Contents:
Business Math for Dummies -- About the Author -- Dedication -- Author's Acknowledgments -- Contents at a Glance -- Table of Contents -- Introduction -- About This Book -- Conventions Used in This Book -- What You're Not to Read -- Foolish Assumptions -- How This Book Is Organized -- Icons Used in This Book -- Where to Go from Here -- Part I: Reviewing Basic Math for Business and Real Estate Transactions -- Chapter 1: Starting from the Beginning -- Fracturing the Myths about Fractions, Decimals, and Percents -- Capitalizing on Patterns in Formulas -- Finding the Power in Exponents -- Doing Some Serious Counting -- Painting a Pretty Picture -- Chapter 2: Fractions, Decimals, and Percents -- Changing from Fractions to Decimals -- Converting Decimals to Fractions -- Understanding the Relationship between Percents and Decimals -- Coming to Grips with Fractions -- Chapter 3: Determining Percent Increase and Decrease -- Working with Percent Increase -- Looking into Percent Decrease -- Chapter 4: Dealing with Proportions and Basic Algebra -- Setting Up Proportions -- Solving Proportions for Missing Values -- Handling Basic Linear Equations -- Comparing Values with Variation -- Part II: Taking Intriguing Math to Work -- Chapter 5: Working with Formulas -- Familiarizing Yourself with a Formula -- Simplifying and Solving a Formula -- Computing with Technology -- Chapter 6: Reading Graphs and Charts -- Organizing Scattered Information with a Scatter Plot -- Lining Up Data with Line Graphs -- Measuring Frequency with Histograms -- Taking a Piece of a Pie Chart -- Chapter 7: Measuring the World around You -- Converting from Unit to Unit -- Making Sense of the Metric System -- Discovering How to Properly Measure Lumber -- Measuring Angles by Degrees -- Chapter 8: Analyzing Data and Statistics -- Organizing Raw Data -- Finding the Average.

Factoring in Standard Deviation -- Part III: Discovering the Math of Finance and Investments -- Chapter 9: Computing Simple and Compound Interest -- Understanding the Basics of Interest -- Simply Delightful: Working with Simple Interest -- Getting to Know Compound Interest -- Determining How Variable Changes Affect Money Accumulation -- Chapter 10: Investing in the Future -- Calculating Investments Made with Lump Sums -- Going the Annuity Route -- Computing the Payout from an Annuity -- Chapter 11: Understanding and Managing Investments -- Interpreting the Daily Stock Market Quotations -- Wrangling with the Ratios -- Making Use of Your Broker -- Chapter 12: Using Loans and Credit to Make Purchases -- Taking Note of Promissory and Discount Notes -- Borrowing with a Conventional Loan -- Working with Installment Loans -- Part IV: Putting Math to Use in Banking and Payroll -- Chapter13: Managing Simple Bank Accounts -- Doing Business with Banks -- Balancing Act: How You and the Bank Use Your Account Balance -- Reconciling Your Account -- Chapter 14: Protecting Against Risk with Insurance -- Surveying the Types of Insurance Available -- Living It Up with Life Insurance -- Protecting Yourself from Loss by Insuring Your Property -- Chapter 15: Planning for Success with Budgets -- Choosing the Right Type of Budget -- Cashing In on Cash Budgets -- Varying with a Flexible Budget -- Budgeting Across the Months -- Measuring Differences with Variance Analysis -- Chapter 16: Dealing with Payroll -- Pay Up: Calculating Employee Earnings -- Subtracting Payroll Deductions -- Part V: Successfully Handling the Math Used in the World of Goods and Services -- Chapter 17: Pricing with Markups and Discounts -- Examining Markups and Retail Prices -- Exploring Discount Pricing -- Chapter 18: Calculating Profit, Revenue, and Cost -- Figuring Profit from Revenue and Cost.

What's It Gonna Be? Projecting Cost -- Determining Break-Even Volume -- Chapter 19: Accounting for Overhead and Depreciation -- Keeping an Eye on Overhead Costs -- Getting the Lowdown on Depreciation -- Chapter 20: Keeping Track of Inventory -- Controlling Inventory and Turnover -- FIFO and LIFO: Giving Order to Inventory -- Determining Economic Order Quantity -- Part VI: Surviving the Math for Business Facilities and Operations -- Chapter 21: Measuring Properties -- Exploring Area and Perimeter Formulas for Different Figures -- Squaring Off with Square Measurements -- Determining Cost per Foot -- Measuring Irregular Spaces -- Describing Property with Metes and Bounds -- Understanding the Rectangular Survey System -- Chapter 22: Taking Out Mortgages and Property-Related Loans -- Closing In on Closing Costs -- Amortizing Loans with Three Different Methods -- Going Off Schedule with Amortized Loans and Mortgages -- Talking about Borrowing Power -- Investigating Alternative Loans -- Part VII:The Part of Tens -- Chapter 23: Ten Tips for Leasing and Managing Rental Property -- Getting the Full Treatment with a Gross Lease -- Using a Single Net Lease to Get Your Tenant to Share the Expenses -- Signing a Double or Triple Net Lease -- Trying Out a Percentage Lease -- Stepping It Up with a Step Lease -- Inserting Expense Provisions into Your Lease -- Including an Allowance for Improvements in Your Lease -- Protecting Your Lease with a Security Deposit -- Adding a Sublease Clause to Your Commercial Lease -- Deciding Whether You Should Renew, Renegotiate, or Break a Lease -- Chapter 24: Ten Things to Watch Out for When Reading Financial Reports -- Apologies for Shortfalls -- Blurring in the Overall Picture -- Wishy-Washy Descriptions of Trends -- An Overabundance of Footnotes -- Listings of the Directors -- Uncollected Revenues -- A High Working Capital.

Long-Term Debt -- Low Profit Margins -- Warning Words -- Index.
Abstract:
Now, it is easier than ever before to understand complex mathematical concepts and formulas and how they relate to real-world business situations. All you have to do it apply the handy information you will find in Business Math For Dummies. Featuring practical practice problems to help you expand your skills, this book covers topics like using percents to calculate increases and decreases, applying basic algebra to solve proportions, and working with basic statistics to analyze raw data. Find solutions for finance and payroll applications, including reading financial statements, calculating wages and commissions, and strategic salary planning. Navigate fractions, decimals, and percents in business and real estate transactions, and take fancy math skills to work. You'll be able to read graphs and tables and apply statistics and data analysis. You'll discover ways you can use math in finance and payroll investments, banking and payroll, goods and services, and business facilities and operations. You'll learn how to calculate discounts and markup, use loans and credit, and understand the ins and outs of math for business facilities and operations. You'll be the company math whiz in no time at all! Find out how to: Read graphs and tables Invest in the future Use loans and credit Navigate bank accounts, insurance, budgets, and payroll Calculate discounts and markup Measure properties and handle mortgages and loans Manage rental and commercial properties Complete with lists of ten math shortcuts to do in meetings and drive your coworkers nuts and ten tips for reading annual reports, Business MathFor Dummies is your one-stop guide to solving math problems in business situations.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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