Fall 2014 MATH160B Syllabus - CCSJ Business Math.pdf · Title Microsoft Word - Fall 2014 MATH160B...

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2400 NEW YORK AVE. WHITING, IN 46394 TEL. 219-473-7770 773-721-0202 FAX 219-473-4259 COURSE SYLLABUS Term: Fall 2014 (2014-1) Business Mathematics (MATH160B) Instructor Information: Instructor Name Deanne Shimala, CPA Office Number: Room 531 Phone Number: 219-218-7171 Email: [email protected] Hours Available: Monday and Wednesday (9:30 – 10:00 a.m.) Instructor Background: Deanne is an Adjunct Instructor at Calumet College of St. Joseph. She earned her Master’s degree in Taxation (MST) from DePaul University in Chicago, Illinois and her Bachelor’s degree in Accounting from St. Joseph’s College in Rensselaer, Indiana. She is a Registered CPA in Illinois and a member of the American Institute of Certified Public Accountants. Deanne has taught courses at CCSJ since 2008. Course Information: Course Time: Monday / Wednesday 10:15 – 11:45 a.m. Classroom: 206 Prerequisites: Math 095 or equivalent; placement with COMPASS test Textbooks & Supplies: Clendenen; Salzman Business Mathematics, 13 th edition, Pearson, 2015 (ISBN: 978-0-321-95505-0) Calculator (Cell phones may not be used as a calculator for any reason.) Learning Outcomes/ Competencies: Upon successful completion of this course, students will have acquired the skills and knowledge base necessary to do the following: Demonstrate skills in calculation and rounding of whole numbers and decimals Perform bank reconciliation Use percentages to make computations Compute base, rate and finance charges Compute cash discounts on merchandise sales and purchases, calculate trade discounts Compute markup and markdown percent on merchandise, calculate sales commissions Determine pay for employees Complete a payroll register and worksheet Compute tax deductions from gross pay; calculate payroll deductions for social security Compute depreciation and book value using straight line, sum of the year digits, declining balance and units of production Compute simple interest, ordinary interest and exact interest Determine bank discounts and compound interest Determine present value of amounts and annuities

Transcript of Fall 2014 MATH160B Syllabus - CCSJ Business Math.pdf · Title Microsoft Word - Fall 2014 MATH160B...

Page 1: Fall 2014 MATH160B Syllabus - CCSJ Business Math.pdf · Title Microsoft Word - Fall 2014 MATH160B Syllabus.docx Created Date 8/29/2014 9:22:55 PM

2400 NEW YORK AVE. � WHITING, IN 46394 � TEL. 219-473-7770 � 773-721-0202 � FAX 219-473-4259

COURSE SYLLABUS Term: Fall 2014 (2014-1)

Business Mathematics (MATH160B)

Instructor Information: Instructor Name Deanne Shimala, CPA

Office Number: Room 531

Phone Number: 219-218-7171 Email: [email protected] Hours Available: Monday and Wednesday (9:30 – 10:00 a.m.) Instructor Background: Deanne is an Adjunct Instructor at Calumet College of St. Joseph. She earned her Master’s degree in Taxation (MST) from DePaul University in Chicago, Illinois and her Bachelor’s degree in Accounting from St. Joseph’s College in Rensselaer, Indiana. She is a Registered CPA in Illinois and a member of the American Institute of Certified Public Accountants. Deanne has taught courses at CCSJ since 2008.

Course Information:

Course Time: Monday / Wednesday 10:15 – 11:45 a.m.

Classroom: 206 Prerequisites: Math 095 or equivalent; placement with COMPASS test Textbooks & Supplies:

Clendenen; Salzman Business Mathematics, 13th edition, Pearson, 2015 (ISBN: 978-0-321-95505-0) Calculator (Cell phones may not be used as a calculator for any reason.)

Learning Outcomes/ Competencies: Upon successful completion of this course, students will have acquired the skills and knowledge base necessary to do the following:

• Demonstrate skills in calculation and rounding of whole numbers and decimals • Perform bank reconciliation • Use percentages to make computations • Compute base, rate and finance charges • Compute cash discounts on merchandise sales and purchases, calculate trade discounts • Compute markup and markdown percent on merchandise, calculate sales commissions • Determine pay for employees • Complete a payroll register and worksheet • Compute tax deductions from gross pay; calculate payroll deductions for social security • Compute depreciation and book value using straight line, sum of the year digits, declining balance and units of production • Compute simple interest, ordinary interest and exact interest • Determine bank discounts and compound interest • Determine present value of amounts and annuities

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Course Description: This course introduces students to the mathematical concepts and applications necessary for successful business careers. Topics will include finance charges, cash discounts, commissions, payroll, tax deductions, depreciation, book value, compound interest, net present value, statistics, and graphs. Learning Strategies: Group discussions, lecture, lots of practice. The objective is to promote your understanding of mathematics concepts and to enable you to apply them in a meaningful way. You are encouraged to rely on logical thinking, rather than on memorization. It is VERY important that you READ the sections of the textbook, STUDY the examples and WORK problems. Active participation in class and utilization of services such as the CCSJ Student Success Center will help ensure your success.

Assessments:

Summative Assessments: Chapter Tests Final Exam

50% of grade 20% of grade

Participation Class participation / attendance 10% of grade

Assignments See Assignment listing below 20% of grade

Assignments:

Class Date and Subject Assignments – Even Problems Only (unless odd problems specifically

listed)

Assignment Due Date

September 3, 2014 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

1.1: #4, 6, 10, 12, 40-46, 52, 54, 58, 60 1.2: #4-20 1.3: #6-10, 16-20, 30-66 1.4: #4-14, 24-28 1.5: #4, 10, 12, 16, 22, 26, 30, 34

Sept. 8, 2014

September 8, 2014 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

2.1: #4-12, 16-24, 30-34 2.2: #4-8, 12-16, 44-60 2.3: #4-8, 12-16, 22-26 2.4: #14, 24, 38-52 2.5: #14-24, 28-38

Sept. 10, 2014

September 10, 2014 3.1 Writing Decimals and Fractions as Percents 3.2 Finding Part 3.3 Finding Base 3.4 Finding Rate 3.5 Increase and Decrease Problems

3.1: #34-56 3.2: #4, 8, 14, 20-36 3.3: #8, 16, 22, 26-36 3.4: #4, 12, 16, 22-30 3.5: #2-8, 14-30

Sept. 15, 2014

September 15, 2014 4.1 Solving Equations 4.2 Applications of Equations 4.3 Business Formulas 4.4 Ratio and Proportion

4.1: #4-24 4.2: #34-46 4.4: #8, 12, 18, 26, 32, 42, 50, 56-70

Sept. 22, 2014

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September 17, 2014

CHAPTERS 1 - 3 TEST NOTE: No Class Meeting – Test will be

posted on Blackboard and MUST be submitted to Professor Shimala’s mailbox

(in CCSJ Mailroom) by 5:00 p.m. on or before Friday, September 19, 2014.

Sept. 19, 2014 @ 5:00 p.m.

September 22, 2014 5.1 Electronic Banking, Checking Accounts and Check Registers 5.2 Checking Services and Credit-Card Transactions

5.1: #4-10, 16-22 5.2: #4, 6-20 (even and odd)

Sept. 24, 2014

September 24, 2014 5.3 Bank Statement Reconciliation 6.1 Gross Earnings: Wages and Salaries 6.2 Gross Earnings: Piecework and Commissions

5.3: #4, 6, 12, 14 6.1: #2-24, 30-38, 42-46 6.2: #2-8, 12-30

Sept. 29, 2014

September 29, 2014 6.3 Social Security, Medicare, and Other Taxes 6.4 Income Tax Withholding

6.3: #4, 6, 10-28 6.4: #4-12, 16-18, 22-30, 36-46

Oct. 1, 2014

October 1, 2013 7.1 Invoices and Trade Discounts 7.2 Series Discounts and Single Discount Equivalents

7.1: #1-7 (even and odd), 38-58, 64-74 7.2: #4-8, 12-24

Oct. 6, 2014

October 6, 2014 7.3 Cash Discounts: Ordinary Dating Methods

CHAPTER 5 & 6 TEST 7.3: #4, 6, 10, 12, 16-22

Oct. 8, 2014

October 8, 2014 8.1 Markup on Cost 8.2 Markup on Selling Price

8.1: #4, 6, 10-14, 18-26 8.2: #4, 6, 10-16, 20-24

Oct. 13, 2014

October 13, 2014 8.3 Markdown 8.4 Turnover and Valuation of Inventory

8.3: #4, 6, 10, 12, 16-20 8.4: #4, 8, 10, 12, 14, 18-24

Oct. 15, 2014

October 15, 2014 9.1 Basics of Simple Interest 9.2 Finding Principal, Rate, and Time

9.1: #2-36 9.2: #4-36

Oct. 20, 2014

October 20, 2014 9.3 Simple Discount Notes

CHAPTER 7 & 8 TEST 9.3: #2-30

Oct. 22, 2014

October 22, 2014 9.4 Discounting a Note Before Maturity 10.1 Compounding Interest

9.4: #2-24 10.1: #2-28

Oct. 27, 2014

October 27, 2014 10.2 Interest-Bearing Bank Accounts & Inflation 10.3 Present Value and Future Value

10.2: #4-10, 14-26 10.3: #4-14

Oct. 29, 2014

October 29, 2014 11.1 Annuities and Retirement Accounts 11.2 Present Value of an Ordinary Annuity

11.1: #4, 6, 10, 12, 16-20 11.2: #4-18

Nov. 3, 2014

November 3, 2014 11.3 Sinking Funds (Finding Annuity Payments)

CHAPTER 9 & 10 TEST 11.3: #4-26

Nov. 5, 2014

November 5, 2014 11.4 Stocks and Mutual Funds 11.5 Bonds

11.4: #4-24, 28-44 11.5: #2-12, 16-20

Nov. 10, 2014

November 10, 2014 12.1 Open-End Credit and Charge Cards 12.2 Installment Loans

12.1: #2-6, 12-20 12.2: #4-32

Nov. 12, 2014

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November 12, 2014 12.3 Early Payoffs of Loans 12.4 Personal Property Loans 12.5 Real Estate Loans

12.3: #2-12, 16-26 12.4: #4-8, 12, 14, 18-24 12.5: #4, 6, 12-18

Nov. 17, 2014

November 17, 2014 13.1 Property Tax 13.2 Personal Income Tax

13.1: #4, 6, 10-16, 20-30 13.2: #4-8, 12-24, 28-34

Nov. 19, 2014

November 19, 2014 13.3 Fire Insurance 13.4 Motor-Vehicle Insurance

CHAPTER 11 & 12 TEST 13.3: #4, 6, 10-32 13.4: #4, 6, 10-18

Nov. 24, 2014

November 24, 2014 13.5 Life Insurance 16.1 Frequency Distributions and Graphs

13.5: #4-10, 14-20 16.1: #2-6, 31-42 (even & odd), 46-54

Nov. 26, 2014

November 26, 2014 16.2 Mean, Median, and Mode

16.2: #4-8, 14-34

Dec. 1, 2014

December 1, 2014

CHAPTER 13 & 16 TEST

December 3, 2014

REVIEW FOR FINAL EXAM

Week of December 8 (Refer to CCSJ Final Exam Schedule)

FINAL EXAM

The instructor reserves the right to change the above course outline. If a student is absent from a class session, it is his or her responsibility to contact the instructor regarding assignments. Grading Scale:

Grade Points A 100-92 A- 91-90 B+ 89-88 B 87-82 B- 81-80 C+ 79-78 C 77-72 C- 71-70 D+ 69-68 D 67-62 D- 61-60 F 59 and below

Policies and Procedures Class Policy on Attendance & Participation:

Eighty percent of success is showing up. -Woody Allen Intellectual growth and success in college is reinforced through interaction in the classroom. Students reach personal goals and course outcomes through regular and prompt attendance. Attendance at all class sessions is important. Points are earned for each class attended. Failure to attend class for the entire scheduled class time and/or failure to participate in the class discussion will result in a loss of points for the Participation grade. You are responsible for all material covered in class, including announcements.

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Class Policy for Assignments:

Mathematics is a participation sport! Thus, written assignments are an integral part of the learning process. Working problems is crucial to your success. Collecting assignments and giving points for them are meant to serve as an incentive. On written assignments, problems should be numbered and adequate work shown for each, with answers clearly marked. Do not skip any problems and do NOT simply just provide your answer – all calculations must be shown. Correct answers without accompanying work, where appropriate, will NOT be given full credit. To receive full credit, work should be neat, organized, and complete, and should include the student’s name, date and class on each page. Be sure to give yourself enough time to complete the written assignment and to get help if needed. Assignments are to be completed PRIOR to coming to class with all work shown (calculations). Assignments will be turned in and graded by Mrs. Shimala. Because of the continuous flow of work between the students and the instructor and because students will do better work if they stay on schedule, LATE WORK IS NOT ACCEPTED FOR ANY REASON.

Class Policy on Exams: Up to three chapter tests may be retaken, on an individual basis, at the student’s option, during the term. The higher grade from the test or re-take will be used in figuring the final grade. If a chapter test is missed due to absence from class, the makeup for that test will count as one of the three allowed re-takes.

Class Policy on Electronic Devices

As a matter of courtesy, electronic communication devices should be switched off; texting is out of place. In the event of necessity for answering a cell phone during class, please inform the instructor ahead of time and set the device to "vibrate", if possible, and answer it in the hallway. PLEASE BRING A CALCULATOR TO EACH CLASS SESSION. CELL PHONES MAY NOT BE USED AS A CALCULATOR.

Statement on Plagiarism:

If an instructor or other Calumet College of St. Joseph personnel find that a student has plagiarized or been involved in another form of academic dishonesty, the instructor or other personnel may elect to bring the matter up for judicial review. The maximum penalty for any form of academic dishonesty is dismissal from the College. The procedures for judicial review are listed under the section of CCSJ handbook that addresses student grievances. PLEASE NOTE: All papers can and may be submitted for checks on plagiarism from the Internet/Electronic sources/Databases.

Citation Guidelines:

Calumet College of St. Joseph uses citation guidelines, generally MLA or APA format, to document sources quoted or paraphrased in student papers. Check the syllabus for each course to see what each instructor requires. The Library has reference copies of each manual; the Follett has copies for sale when required by the instructor. In addition, there are brief MLA and APA checklists in your spiral “Student Handbook and Planner” and on the Library website and literature rack. These texts show how to cite references from many sources, including electronic media, as well as how to space and indent the “Works Cited” and “References” pages respectively. EBSCO and ProQuest articles provide both formats for you to copy and paste. Proper documentation avoids plagiarism.

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Withdrawal from Classes Policy:

After the last day established for class changes has passed (see College calendar), students may withdraw from a course in which they are registered and wish to discontinue. A written request detailing the reason(s) for the withdrawal must be completed with the Office of Academic Advising and filed with the Registrar. The Office of Academic Advising must receive written request for withdrawal by the last day of classes prior to the final examination dates specified in the catalogue. Written requests should be submitted in person or, when an in-person visit is not possible, may be mailed to the Office of Academic Advising, emailed, or faxed to 219-473-4336. Students are to make note of the refund schedule when withdrawing from courses. If the request requires instructor approval per the College calendar, it must be forwarded to the faculty member, who makes the final determination to accept or deny the request. If the request is honored by the faculty member, the student will receive notification of official withdrawal from the Registrar after meeting or speaking with a member from Academic Advising, Financial Aid and Athletics (if applicable). These departments will notify the student of academic, financial, and athletic eligibility effects of a possible withdrawal. If the request is denied by the faculty member, the notification will indicate why the withdrawal is disallowed. Please note that if the request does not require instructor approval, the student must still meet or speak with a member from Academic Advising, Financial Aid and Athletics (if applicable) before the withdrawal will be processed. An official withdrawal is recorded as a "W" grade on the student's transcript. Discontinuing a course without a written request for withdrawal automatically incurs an "FW" grade for the course (see Refund Schedule). Failure to Withdraw (FW) is indicated when the student does not complete withdrawal paperwork with the Office of Academic Advising nor does the student notify the instructor of their intent to withdraw due to an illness, accident, grievous personal loss, or other circumstances beyond the student’s control. This grade is submitted by the instructor at the end of term.

Resources Student Success Center:

The Student Success Center supports Calumet College of St. Joseph students through an interactive learning experience. Students work with faculty tutors to develop course competencies and study skills such as time management, test preparation, and note taking. In addition, students are provided with tutoring support to help pass courses, to improve grade point average, and to promote continuing education and career advancement. Tutors have a specific charge: to help students learn how to master specific subject matter and to develop effective learning skills. The Student Success Center is open to all students at Calumet College of St. Joseph at no charge and is available to support academic courses at the introductory and advanced levels. For assistance, please contact the Student Success Center at 219 473-4287 or stop by the Library.

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Disability Services:

Disability Services strives to meet the needs of all students by providing academic services in accordance with Americans Disability Act (ADA) guidelines. Students must meet with the Coordinator of Disability Services to complete an intake form in order to request an accommodation and/or an auxiliary aid (e.g., additional time for tests, note taking assistance, special testing arrangements, etc.). It is the student’s responsibility to contact the Academic Support Programs Office to request an accommodation at least one month prior to enrollment for each academic term. Students who are requesting an accommodation and/or an auxiliary aid must submit documentation from a professional health care provider to verify eligibility under Section 504 of the Rehabilitation Act of 1973 and/or the Americans with Disabilities Act of 1990. The cost of obtaining the professional verification is the responsibility of the student. If a student believes that he or she needs a “reasonable accommodation” of some kind because of a physical, psychological, or mental condition, he or she should contact Disabilities Services. The Coordinator will secure documentation pertinent to the disability and work with faculty and staff, if necessary, to address the matter. All questions and inquiries pertaining to disability services should be directed to the Disability Services Coordinator at 219-473-4349.

CCSJ Alert:

Calumet College of St. Joseph utilizes an emergency communications system that transmits messages via text, email, and voice platforms. In the event of an emergency, of weather related closings, or of other incidents, those students who are registered for the system shall receive incident specific message(s) notifying them of the situation. Please sign-up for this important service at any time on the College’s website. Alternatively, you can register at the time you register for classes. This service requires each user to register once per academic year. Therefore, at the beginning of each academic year, please remember to re-register for the system. This can be done at: http://www.ccsj.edu/alerts/index.html.

School Closing Information: Internet: http://www.ccsj.edu

http://www.EmergencyClosings.com Facility: Calumet College of St. Joseph

Phone: 219.473.4770 Radio:

WAKE – 1500 AM WGN - 720 AM

WIJE – 105.5 FM WLS – 890 AM

WZVN – 107.1 FM WBBM NEWS RADIO 78

TV Channels:

2, 5, 7, 9, 32

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