Business Math using Technology

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Class
POFT 1325

Skill development in business math problem-solving using electronic technology.

Student Learning Outcomes

Upon completion of the course, students will be able:

  1. Calculate solutions to business problems manually and electronically.
  2. Read, Write, and round numbers.
  3. Add, subtract, multiply, and divide whole numbers.
  4. Identify types of fractions; add, subtract, multiply, and divide fractions.
  5. Round decimals, convert fractions to decimals, and decimals to fractions. Add, subtract, multiply, and divide decimals.
  6. Define and state purposes of the various parts of the checking account; explain, define, and complete a bank statement and reconciliation.
  7. Solve of equations with an unknown value. Complete word problems in solving for the unknown
  8. List and explain typical discount period and credit periods and calculate outstanding balances.
  9. Calculate dollar markup and selling price
  10. Calculate selling price based on cost.
  11. Calculate various types of employees' gross pay
  12. Calculate and compute payroll deductions for pay
  13. Calculate simple interest and maturity value
  14. Differentiate between interest-bearing and noninterest-bearing notes.
  15. Calculate bank discount and proceeds; calculate maturity value, bank discount and proceeds.
  16. Compare simple interest with compound interest

 

Lab Fee
None
Required Textbooks

Practical Business Math Procedures, 13e Author: J. Slater Publisher: McGraw-Hill/Irwin

ISBN-13
9781260239485
ISBN-10
1260239489
Evaluation Standards

Assignments 40%
Exams 60%

Grades will be determined based on the following points:

A: 90-100
B: 80 - 89
C: 70-79
D: 60-69
F: Below 60

Program Learning Outcomes

 

  1. To provide college students with reinforcement of mathematical computations.
  2. Challenge the student to understand how to process and interpret information to arrive at logical conclusions to common business math applications.
  3. Develop proficiency in the application to solve business math problems.
  4. Understand the importance math plays in all facets of the business world.

 

Disabilities

ADA Statement:

Any student with a documented disability (e.g. learning, psychiatric, vision, hearing, etc.) may contact the Office on the Weatherford College Weatherford Campus to request reasonable accommodations. Phone: 817-598-6350 Office Location: Office Number 118 in the Student Services Building, upper floor. Physical Address: Weatherford College 225 College Park Drive Weatherford, TX.

Academic Integrity
Academic Integrity is fundamental to the educational mission of Weatherford College, and the College expects its students to maintain high standards of personal and scholarly conduct. Academic dishonesty of any kind will not be tolerated. Academic dishonesty includes, but is not limited to, cheating on an examination or other academic work, plagiarism, collusion, and the abuse of resource materials including unauthorized use of Generative AI. Departments may adopt discipline specific guidelines on Generative AI usage approved by the instructional dean. Any student who is demonstrated to have engaged in any of these activities will be subject to immediate disciplinary action in accordance with institutional procedures.
Hope Statement
Any student who faces challenges securing basic resources such as food, clothing, or housing and believes this may affect their performance in their course of study is urged to contact the Director of Student Resources, Dr. Deborah Cregger, for support at (817) 598-6444. Her office is on the first floor of Student Services. If the student prefers, they may contact their instructor, who can reach out on their behalf. Weatherford College also provides the Coyote Pantry. The Pantry maintains boxed and canned foods for students in need. The location of the Coyote Pantry is two blocks west of the Weatherford campus at the Baptist Student Ministry (118 E. Park Ave., Weatherford). Pantry hours are Mon-Thurs. 8:30 am-4:30 pm and Fri. 8.30 am-12:00 pm (817-599-6586).
Student Intellectual Property Rights

A student shall retain all rights to work created as part of instruction or using College District technology resources.

SCANS

The Secretary’s Commission on Achieving Necessary Skills (SCANS) identified competencies in the area of Resources, Interpersonal, Information, Systems, and Technology; and foundation skills in the areas of Basic Skills and Personal Qualities. A SCANS matrix which includes this course is available for your review by clicking the link below. https://www.wcinstruction.net/syllabi/pluginfile.php/3313/mod_page/content/1/OTCompetencyFoundationMaster2011.pdf

SCH Hours
3
Work Hours
0
Revised
Fall 2023
Last Modified
Monday, September 13, 2021, 2:27 PM