Form 2A, Page 1

FLORIDA STATE COLLEGE AT JACKSONVILLE

COLLEGE CREDIT COURSE OUTLINE

COURSE NUMBER: OST 1324

COURSE TITLE: Business Mathematics

PREREQUISITE(S): MAT 0018 with a grade of "C" or better, or satisfactory

score on placement test

COREQUISITE(S): None

CREDIT HOURS: 3

CONTACT HOURS/WEEK: 3

CONTACT HOUR BREAKDOWN:

Lecture/Discussion: 3

Laboratory:

Other ______:

FACULTY WORKLOAD POINTS: 3

STANDARDIZED CLASS SIZE

ALLOCATION: 30

CATALOG COURSE DESCRIPTION:

This course consists of a mathematical treatment of financial problems arising in modern businesses. Fundamental mathematical processes are reviewed using electronic calculators. The course covers percentages, simple and compound interest, inventories, depreciation, payroll, commissions, taxes, and other business-related topics. Spreadsheet applications are introduced.

SUGGESTED TEXT(S): Solving Business Problems Using a Calculator, Glencoe

Latest Practical Business Math Procedures, Edition, Jeffrey

Slater, Glencoe.

IMPLEMENTATION DATE: November 14, 1987

REVIEW OR MODIFICATION DATE: Fall Term, 1995 (961)

Fall Term, 2002 (20031)

Fall Term, 2007 (20081)

Fall Term, 2008 (20091) - Outline Review 2007

Spring Term, 2012 (20122)–Prereq - MAT0002 to MAT0018


Form 2A, Page 2

COURSE TOPICS CONTACT HOURS

PERTOPIC

I. Introduction of Calculating Machines 2

II. Review of Basic Mathematical Operations 8

A. Addition, Subtraction, Multiplication, Division

B. Order of Operations

C. Whole Numbers, Fractions, Decimals

III. Discounts and Markup 8

A. Percent of Increase and Decrease

B. Invoices and Cash Discounts

C. Trade Discounts

D. Markups and Markdowns

IV. Payrolls and Taxes 4

A. Gross Earnings

B. Deductions and Net Earnings

C. Employer Contributions

D. Taxes

V. Interest and Discounting Notes 8

A. Simple Interest

B. Promissory Notes and Due Dates

C. Compound Interest

D. Installment Loans and Charge Accounts

VI. Bank Statement Reconciliation 3

A. Bank Statement

B. Checkbook

C. Reconciliation

VII. Inventories 2

VIII. Depreciation 3

A. Straight Line

B. Sum-of-Years' Digits

C. MACRS


Form 2A, Page 3

COURSE TOPICS (CONTINUED) CONTACT HOURS

PERTOPIC

IX. Business Statistics 2

A. Measures of Central Tendency

(Mean, Median, and Mode)

B. Graphs

X. Financial Statements 3

A. Balance Sheet

B. Income Statement

C. Horizontal and Vertical Analysis

XI. Spreadsheet Applications 2

Form 2A, Page 4

PROGRAM TITLE: Office Management

COURSE TITLE: Business Mathematics

CIP NUMBER: 1552020400

LIST PERFORMANCE STANDARDS ADDRESSED:

NUMBER(S): TITLES(S):

02.0 PERFORM MATH COMPUTATIONS--The student will be able to:

02.01 / Perform business math operations manually and using technology.
02.02 / Demonstrate ability to estimate.
02.03 / Solve problems related to measurement and space allocation.
Office Software Applications Specialization

17.0  Perform math computations--The student will be able to:

17.01 / Perform business math operations manually and using technology.
17.02 / Interpret graphs, charts, and tables.
17.03 / Solve finance charge and annual percentage rate problems using a calculator.
17.04 / Determine elapsed time between two events.
17.05 / Analyze information given to solve a problem.
17.06 / Demonstrate ability to estimate.

4

/

Florida State College

At Jacksonville

/ Course Learning Outcomes & Assessment
For All College Credit Courses

NOTE: Use either the Tab key or mouse click to move from field to field. The box will expand to accommodate your entry.

Section 1

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COURSE PREFIX AND NUMBER: OST 1324

/

SEMESTER CREDIT HOURS: 3.0

COURSE TITLE: BUSINESS MATHEMATICSI

Section 2

TYPE OF COURSE: (Click on the box to check all that apply)

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AA Elective

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AS Required Professional Course

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College Prep

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AS Professional Elective

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AAS Required Professional Course

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Technical Certificate

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Other

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General Education: (For General Education courses, you must also complete Section 3 and Section 7)

Section 3 (If applicable)

INDICATE BELOW THE DISCIPLINE AREA FOR GENERAL EDUCATION COURSES:

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Communication

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Social & Behavioral Sciences

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Mathematics

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Natural Sciences

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Humanities

/ /

Section 4

INTELLECTUAL COMPETENCIES:

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Reading

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Speaking

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Critical Analysis

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Quantitative Skills

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Scientific Method of Inquiry

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Writing

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Listening

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Information Literacy

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Ethical Judgment

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Working Collaboratively

Section 5
LEARNING OUTCOMES / METHOD OF ASSESSMENT
·  1 / Perform math computations including review of basic math operations, discounts and markups, payroll and taxes, interest and discounting notes, bank statement reconciliation, and depreciation / Example problems and tests
·  2
·  3
·  4
·  5
·  6
·  7
·  8
·  9
·  9

Section 6

Name of Person Completing This Form: Margaret Fisher, Pat garret, Sebena Masline, Patty Lee, Roslyn Amaro, Dorothy Sibley, Callie Williams, Andrea McKeon