Announcements

WEEK TWELVE: June 21 - June 25    Posted: Jun 21, 2010 This is the final week. As you continue to prepare for and begin completing the final exam, I wish you well. Please remember to review all of the messages posted on this announcement page over the last several days. If you have any questions about the material, please post them to the new discussion forum and/or send me an e-mail message. Please note that you still have access to all twelve of the lesson quizzes. If you have not completed them you have until Friday (6/25) to do so for reduced credit. Remember, these quizzes account for 40% of your grade. Be sure to complete them all. Again, all assignments, quizzes and the final exam must be submitted by 9:00 a.m. on Friday, June 25, 2010. Final course grades will be available one week after the final exam deadline. Continued success to each of you!

ACCESSING THE FINAL EXAM    Posted: Jun 18, 2010 (Select the link above to view the full message.) The exam is to be completed on-line and is currently available. Be sure to read the "Final Exam Instructions" message(See below) BEFORE taking the exam. To access the Final Exam, please go to the "Course Content" area and scroll down to the bottom just below the "Graded Lesson Quizzes". Select the "Final Exam" link. The next screen you see will show one file: " Final Exam - Spring 2010 ". Please DO NOT SELECT this file until you are ready to complete the exam. Please plan to take the final under "exam like" conditions. Have your notes, study guide, and textbook well organized and tabbed for quick reference. Try to complete the exam when you will be free from interruption. You should be able to complete the exam in 2 hours. However, you have 3 hours

COPY OF FINAL EXAM INSTRUCTIONS    Posted: Jun 18, 2010 (Please select the above link "Copy of Final Exam Instructions" to view the entire message.) Below are the instructions you will see when you open the final exam. Please review them carefully PRIOR to taking the final. "Instructions: This exam is comprehensive and consists of a total of 20 questions. Eleven are "short answer/essay type" questions in which you are to WRITE YOUR FINAL ANSWER FIRST then write the key formulas and/or key calculations you used to derive your answer. ** Be sure to separate your answer and each step of your calculations with commas. For example: "ANSWER: ABC Company produced 3 stoves, Key Steps: A = stoves produced by ABC, 4A = stoves produced by XYZ, 4A + A =15,5A=15, A=3." NOTE: You do NOT have to show every step -- just the key s

FINAL EXAM INFORMATION    Posted: Jun 16, 2010 (Select the above link "FINAL EXAM INFORMATION", to view the FULL text of this message, including the "exam tips".) The final exam is COMPREHENSIVE and covers material from all twelve lessons. It will be available for one week beginning Friday, June 18, 2010 and ending on Friday, June 25, 2010 at 9:00 a.m. EXAM MATERIALS The exam is open book/open notes so please have all of the course materials readily available. Also, have scratch paper, writing instruments (such as, several pencils), a calculator, and a good eraser on hand. EXAM PREPARATION I strongly encourage you to be well organized. Your textbook and student guide should be tabbed so yo

** MIDTERM EXAM SCORES AVAILABLE **    Posted: Jun 16, 2010 All midterm exam grades are available in the "Gradebook" area of the course web site. I have provided comments on the exams but if anything is unclear or if you wish to review your exam with me, you are welcome to do so. Please give me a call during my office hours, or if this is not convenient, leave a detailed message providing your call back information (your name, phone number with area code, and the best time to reach you). Continued success to each of you!

WEEK ELEVEN: June 14 - June 21 Updated    Posted: Jun 16, 2010 This week you are to complete the work begun last week dealing with investments (Lesson 11), and complete Lesson 12 that deals with business statistics and their importance in predicting future sales. In Lesson 12, you are to explore various techniques that analyze and graphically represent business statistics. Concepts covered include: mean, median, mode, frequency distributions, accuracy of graphical representations, indices, and measures of dispersion. Check List. Be sure to: Complete Lesson 11 Quiz Complete Lesson 12 quiz Complete "IGHW" #4 E-mail Instructor with progress update Continue preparation for final exam

WEEK TEN: June 7 - June 14 Updated    Posted: Jun 14, 2010 *** NOTE: This is a lengthy message. *** Please select the "WEEK TEN: June 7 - June 14" link above to view the entire message. This week, you are to complete Lesson 10 (Chapters 17 & 18). You will continue to explore several methods of depreciation (Straight-line Method, Units-of-Production Method, Declining-Balance Method, and MACRS). In chapter 18 you are to calculate the value of ending inventory using four common methods (Specific Identification, LIFO, FIFO, and Weighted-Average methods), review two methods for estimating ending inventory (retail and gross profits methods), examine inventory turnover and its implications, and calculate the distribution of overhead expenses. Check List Due: Monday, March 14th Be sure to: Complete Kiplinger postings (p.427) Submit Graded Homework Assignment** **Note: "IGHW" may submitted up to 6/21 w

WEEK NINE: May 31 - June 7 Updated    Posted: Jun 14, 2010 This week, you are to complete Lesson Nine (chapter 16) which covers reading, analyzing and interpreting financial reports. You will examine the balance sheet and income statement; and will use trend and ratio analysis as tools to help analyze a company's performance. Check List. Be sure to: Complete Lesson 9 quiz Begin Lesson 10 activities Send progress update by e-mail to instructor by Monday NOTE: To stay on schedule, I encourage you to complete the Lesson Nine assignments as soon as possible and begin lesson ten before Monday. However, you have until the following Monday to complete both lessons nine and ten. Lesson 10 (Chapters 17 & 18) covers applications involving inventory and equipment valuation..

WEEK EIGHT: May 24 - May 31    Posted: May 27, 2010 *** NOTE: This is a lengthy message. Please select the "Week Eight: May 24 - May 31" link above to view the entire message. *** This week you are to complete Lesson Eight which covers installment buying (Chapter 14) and the cost of home ownership (Chapter 15). Activities include calculating the estimated APR, calculating the finance charges on revolving credit card accounts, determining the total interest cost over the life of a mortgage, calculating the interest and principal portions of each monthly mortgage payment, and preparing an amortization schedule. Checklist. Due by: Monday, May 31 (and no later than Monday, June 7) Be sure to: Make Kiplinger posting (p. 363) Submit graded homework #3 Complete Lesson 8 Quiz E-mail me with your progress Note: If you have not completed all of the Lesson 7 activities, you have an additi

WEEK SEVEN: May 17 - May 24 (Updated)    Posted: May 20, 2010 This week you are to complete the midterm exam and begin lesson seven which focusses on the time value of money (chapter 12) and annuity applications (chapter 13). You will compare simple interest with compound interest, explain and compute the effective rate, and compare and compute present values. In addition, you will differentiate between annuities, calculate their present values and review sinking funds. Check List. Be sure to: Complete the Midterm (deadline extended to 05/28/2010) Make Kiplinger posting Complete Graded Homework #2 Complete Lesson seven quiz E-mail me with your progress. NOTE: I encourage you to complete the lesson seven assignments this week. However, you have until Monday, May 31st to do so.

ACCESSING THE MIDTERM EXAM    Posted: May 19, 2010 (Select the "ACCESSING THE MIDTERM EXAM" link above to VIEW THE FULL MESSAGE.) It's Midterm time. The exam is to be completed on-line and is currently available. Be sure to read the "Midterm Exam Instructions" and "Information" messages (See below) BEFORE taking the exam. To access the Midterm Exam, please go to the "Course Content" area and scroll down just below lesson 6. Select the "Midterm Exam" link. The next screen you see will show one file: " Midterm Exam - Revised Test". Please DO NOT SELECT this file until you are ready to complete the exam. Please plan to take the midterm under "exam like" conditions. Have your notes, study guide, and textbook well organized and tabbed for quick reference. Try to complete the exam when you will be free fr

MIDTERM EXAM INSTRUCTIONS    Posted: May 19, 2010 *** NOTE: This is a lengthy message. *** (Select the "MIDTERM EXAM INSTRUCTIONS" link above to view the FULL MESSAGE and review all of the exam instructions.) Below are the instructions you will find when you open up the midterm exam. Please review them so that you will be familiar with the format to use when answering questions. Just as with the lesson quizzes, the questions will be displayed one at at time. To see each subsequent question, select the "Next" button. To view prior questions, select the "Previous" button. When you have answered all of the questions, be sure to scroll down and select the "Done" button. This exam consists of a total of 15 multiple-choice and short answer questions. Each question is valued at 50 points each. The total points possible is 750.

MIDTERM EXAM INFORMATION    Posted: May 19, 2010 *** NOTE: This is a lengthy message. *** (Select the "MIDTERM EXAM INFORMATION" link above to view the FULL MESSAGE and review the exam PREPARATION "TIPS".) EXAM CONTENT The midterm exam covers material from lessons one through six of the course syllabus (Chapters 1, 2, 3, 5, 6, 19, 7, 8, 9, 10 & 11). It is comprised of 18 multiple-choice and short answer questions. There are a total of 750 points possible. You are expected to understand and have a working knowledge of the following: Apply mathematical principles to real problems (e.g., translate problems into mathematical representations, conduct basic operations, calculate percentage change, etc.) Understand trade in

WEEK SIX: May 10 - May 17    Posted: May 13, 2010 This week you are to complete lesson six which covers chapters 10 and 11. Concepts reviewed include calculating simple interest, maturity value, the effect of partial payments, promissory notes and the discount process. Note: After completing lesson six, you are to begin reviewing for the midterm exam. It will be accessible beginning Monday, May 17, 2010 and must be completed by 9:00 a.m. Monday, May 24, 2010. Check List. Be sure to: Complete the Lesson Six quiz Prepare for and complete the Midterm by 05/24/10 Submit IGHW #1 no later than Monday, 05/17/10 Send me an e-mail indicating your progress.

WEEK FIVE: May 3 - May 10    Posted: May 8, 2010 This week, you are to complete lessons four and five. Lesson four covers chapters 7 & 8. This material covers sales concepts including understanding and applying trade and cash discounts, calculating mark-ups and mark-downs, as well as pricing perishable items. Lesson five covers chapter 9 and involves payroll applications. Checklist for Lessons Four & Five: Due by May 10th Be sure to: Make Kiplinger postings for both articles (pages 200 & 231) Submit the graded homework assignment via the Homework Manager Complete the Lesson four quiz Complete the Lesson five quiz send me an e-mail indicating your progress

WEEK FOUR: April 26 - May 3    Posted: Apr 28, 2010 This week you should continue working on the lesson three material covered in chapters 5, 6 and 19. This lesson addresses solving equations, using the portion formula, and it includes some practical tax application problems. Lesson Three Checklist:. Due by February 1st Be sure to: post your comments to the Kiplinger article, page 167. complete the lesson three quiz, and send me an e-mail indicating your progress If you have any questions or concerns, please let me know. Note: To stay on schedule, I recommend that you complete the first half of lesson four as well.

WEEK THREE: April 19 - April 26    Posted: Apr 24, 2010 This week you are to work on the Lesson Two material covered in chapter 3. This chapter addresses decimals and conversions. Lesson Two Checklist:. Due by April 26th post your comments to the Kiplinger article, page 135 complete the lesson two quiz, and send me an e-mail indicating your progress If you have any questions or concerns, please let me know. Note: To stay on schedule, I recommend that you complete the first half of the lesson three activities this week as well.

WEEK TWO: April 12 - April 19    Posted: Apr 16, 2010 This week, you are to work on the review material in the Lesson One module. It covers number basics, fractions and coversions, and focusses on dissecting and solving word problems. Lesson One Check List: Due by April 19th 1. Kiplinger page 31 (Discussion posting) 2. Lesson One Quiz 3. E-mail your instructor with your progress update and any questions or concerns you have. 4. Complete the "Preparing for Success" module The "Preparing for Success" module includes several tasks -- * introduction * review the course syllabus * explore the web site * participate in the "Successful On-line Student" discussion, and * complete a brief quiz and survey.

Course Description

Welcome to Business Mathematics