Division: Career Studies Course name: Business 38: Business Computations Section: 8279 / Semester Spring 2016

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1 Division: Career Studies Course name: Business 38: Business Computations Section: 8279 / Semester Spring 2016 Instructor Name: William Vega School Website: Class Hours: Online/Etudes Address: 9000 Overland Ave., Culver City, CA April 11, 2016 June 5, 2016 Location: Online Only Office Hours: By Appointment Location: Etudes Site / Chat Forum Instructor Course Description: This course provides a comprehensive study of business mathematics and reviews basic mathematics such as decimals, fractions, and percentages. It also covers the topics of bank services, payroll, the mathematics of buying and selling, interest and loans, taxes, cash and trade discounts, depreciation and other business computations. This course is intended for students interested in pursuing careers in business. Required Text: Contemporary Mathematics for Business and Consumers, Brief Edition, 7 th Edition, Brechner & Bergeman. Publisher: Cengage. ISBN-13: Available at the campus bookstore or online from select book vendors. Course Objectives: 1. Identify the whole number system, addition and subtraction, multiplication and division of whole numbers. 2. Distinguish among the various types of fractions, to include addition and subtraction and multiplication and division of fractions. 3. Express decimal numbers in numerical and word form; converting decimals to fraction and fractions to decimals. 4. Explain the process of opening and using a checking account and how the various forms are used. 5. Recognize the concept, terminology, and rules of equations, and using equations to solve business-related word problems. 6. llustrate converting percents to decimals and decimals to percents, percents to fractions and fractions to percents; and using the percentage formula to solve business problems. Business 38: Business Computations Spring 2016 Page 1

2 7. Identify the Invoice, calculate single trade discounts, calculating net price and trade discount amount by using a series of trade discounts. 8. Calculate markup based on cost, markup based on selling price, markdowns, multiple operations and perishable goods. 9. Diagram employee s gross earnings and incentive pay plans, employee s payroll deductions, and employer s payroll expenses and record keeping responsibilities. 10. Demonstrate computing simple interest for loans using the simple interest formula. 11. Relate the process of manually calculating compound amount (future value) and compound interest. 12. Calculate the future value of an ordinary annuity, and calculate the present value of an ordinary annuity by using tables. 13. Identify mortgages Fixed-Rate and Adjustable-Rate. Student Learning Outcomes (SLO): 1. Utilize whole numbers, fractions, decimals, algebraic expressions and % to solve applicable business problems. 2. Calculate proceeds from a discounted, interest bearing instrument. 3. Calculate mortgage payments and amortization schedule for a fixed and variable rate loan. Program Learning Outcomes: 1. Use Business Formulas To Calculate And Solve Quantitative Problems. Analyze Financial Operations Of A Typical Business. (Corporate Math) 2. Adopt A Variety Of Practices That Adhere To A Company s Culture Of Moral Business Principals. Maintain Trust, Confidentiality And Business Integrity In The Workplace. (Corporate Human Resources - Hr) 3. Maneuver In The Operational Workflow Of An Organization Through Effective Use Of Time Management And Utilization Of Appropriate Resources. (Corporate Workflow) Institutional Learning Outcomes: A. Critical Thinking: Analyze problems by differentiating fact from opinions, using evidence, and using sound reasoning to specify multiple solutions and their consequences. B. Communication: Effectively communicate thought in a clear, well organized manner to persuade, inform, and convey ideas in academic, work, family and community settings. C. Quantitative Reasoning: Identify, analyze, and solve problems that are quantitative in nature. D. Self-awareness/Interpersonal Skills: Apply self-assessment and reflection strategies to interpersonal, work, community, career, and educational pathways. E. Civic Responsibility: Apply the principles of civility to situations in the contexts of work, family, community and the global world. F. Technical Competence: Utilize the appropriate technology effectively for informational, academic, personal, and professional needs. Use competent technique in a musical performance. G. Cultural Diversity: Respectfully engage with other cultures in an effort to understand them. H. Ethics: Practice and demonstrate standards of personal and professional integrity, honesty and fairness; apply ethical principles in submission of all college work. Course title and semester (ex: English 28: Intermediate Reading and Composition Fall 2013) Page 2

3 I. Aesthetics: Use multiple modes of inquiry and approaches to experience and to engage with the arts and nature; develop and express personal creative visions throughout all aspects of one's life. Class Format and Instructional Methods: This is an online class and includes chapter readings, chapter exercises, group discussion exercises, quizzes, homework, mid-term assignment, and final exam. Course Requirements and assignment guidelines All assignments must be submitted via Etudes or by and have a clear file name containing your name and the name of the assignment. For example: Vega William Introduction Assignment.doc Personal Introduction Assignment During the first week of class, post a comment in the thread introducing yourself to your classmates. Failure to submit this assignment indicates that you are not participating in this class and you will be dropped. Please tell us: 1. Why you are taking this class 2. What you expect from the instructor 3. How many online classes you have taken 4. Any ideas for making this online class more fun for everyone Discussions: Each week, you have the opportunity to engage in dialogue with your classmates. These will take place in the Discussion Forums. In order to receive full credit you must respond to the prompt, use correct grammar/punctuation, and respond to one classmate. Quizzes There will be eight quizzes given in class during the semester. Quizzes will be presented in multiplechoice format and cover the assigned reading. There will be a total of 20 questions per quiz. There will be a time limit of 45 minutes. You will have two attempts to take each quiz. Quizzes are open book and I expect everyone will achieve perfect scores. Mid-Term The mid-term exam will cover chapters 1-8. The exam will be presented in multiple-choice format and cover the assigned reading. There will be a total of 50 questions randomly drawn from a pool of questions from chapters 1-8. There will be a time limit of 2 hours. You will have only one attempt to take the exam, so manage your time wisely. The exam is open book and I expect very high scores. Final Exam The final exam will cover chapters The exam will be presented in multiple-choice format and cover the assigned reading. There will be a total of 50 questions randomly drawn from a pool of questions from chapters There will be a time limit of 2 hours. You will have only one attempt to take the exam, so manage your time wisely. The exam is open book and I expect very high scores. Deadlines There are three hard deadlines in this class: Course title and semester (ex: English 28: Intermediate Reading and Composition Fall 2013) Page 3

4 1. April 17 at 11:59pm. The Personal Introduction Assignment is due in the forum by the end of the first week of class. Failure to submit this assignment indicates that you are not participating in this class and you will be dropped. 2. May 8 at 11:59pm. The first four Discussions and the Mid-Term exam must be completed by the end of week June 5 at 11:59pm.The second four Discussions, the Final Exam, and ALL QUIZZES must be completed by the end of the course. This is the end of the course; no work will be accepted after the course ends. Extra Credit Except for the 20 extra credit points baked into the total points available, there will be no extra credit in this class. It is my firm belief that allowing two attempts at open book quizzes with flexible deadlines, a 100 point Personal Introduction Assignment, and open book exams is enough to enable every student to earn an A in this course. That said if you find yourself with plenty of free time and an unstoppable desire to rack up extra credit, you may dazzle me with a project or report of substance and significance to the course and your classmates. or message me with your ideas. Grading Assignment Total Points Personal Introduction Assignment 100 Discussions (8) 200 Quizzes (8) 320 Mid Term 200 Final 200 Total All 1020 A 900+ B C D F Below 599 Class Policies Attendance Attendance is essential for success. The expectation is that you will be present every week. Any student who fails to routinely access the Etudes site can be dropped from the class. The instructor will be monitoring your time spent online through the Activity Meter. Netiquette and Civilogue This semester, you will post weekly responses to the class blog on various topics related to the class and the world around us. The term netiquette is a combination of the words internet and etiquette. The term civilogue is a combination of the words civil and dialogue. Both terms, as well as the words used to create them, are essential to the class. You may not agree with the views and opinions expressed by your peers, but you don t have the right to be disrespectful. Personal attacks, Course title and semester (ex: English 28: Intermediate Reading and Composition Fall 2013) Page 4

5 profanity, vulgarity and comments that are not productive additions to the conversation will be deleted and you will not receive credit for the assignment. Contacting Me Private Message via Etudes is the best and quickest way to contact me. is second best. Thanks to modern technology, Private Messages in Etudes are linked to my , which is linked to my phone. Therefore excuses such as, I tried to contact you but (fill in the blank) will not work. If you have a problem, do not let it snowball. Contact me immediately. Students are expected to ask questions and obtain help from instructor via and/or during office hours. College Policies: Academic Integrity (Plagiarism) In accordance with code , academic dishonesty is prohibited and will not be tolerated in this class. Violations of academic integrity include, but are not limited to, the following actions: cheating on an exam, plagiarism, working together on an assignment, paper or project when the instructor has specifically stated students should not do so, submitting the same term paper to more than one instructor, or allowing another individual to assume one s identity for the purpose of enhancing one s grade. Academic dishonesty of any type, such as cheating or knowingly furnishing false information, by a student provides grounds for disciplinary action by the instructor or college. In written work, no material may be copied from another without proper quotation marks, footnotes, or appropriate documentation. o Plagiarism will result in a zero for the assignment, possible dismissal from the class and disciplinary action from the college. You will not receive credit for any essay missing previous drafts, citations and/or a Works Cited page. Student Conduct According to code , disruption of classes or college activities is prohibited and will not be tolerated. Refer to the catalog and the Standards of Student Conduct in the Schedule of Classes for more information. Recording Devices State law in California prohibits the use of any electronic listening or recording device in a classroom without prior consent of the instructor and college administration. Any student who needs to use electronic aids must secure the consent of the instructor. If the instructor agrees to the request, a notice of consent must be forwarded to the Vice President of Academic Affairs for approval (WLAC College Catalog). Campus Resources As stated earlier in this syllabus, if you are having problems, don t let them snowball. Come and talk with me and check out some of the campus resources available to you. Office of Disabled Student Programs and Services (DSP&S) Heldman Learning Resources Center (HLRC), Room 119 (310) West Los Angeles College recognizes and welcomes its responsibility to provide an equal educational opportunity to all disabled individuals. The Office of Disabled Students Programs and Services (DSP&S) has been established to provide support services for all verified disabled students pursuing a Course title and semester (ex: English 28: Intermediate Reading and Composition Fall 2013) Page 5

6 college education. DSP&S students may qualify for: priority registration, registration assistance, special parking permits, sign language interpreters and assistive technology (WLAC College Catalog). Instructional Support (Tutoring) & Learning Skills Center Heldman Learning Resources Center (HLRC) (310) Improve your reading, language, vocabulary, spelling, math fundamentals and chemistry knowledge with convenient, self-paced computer-aided courses in the Learning Skills Center. Increase your knowledge and learning success: sign up for tutoring in various college subjects (WLAC College Catalog). Library Services Heldman Learning Resources Center (HLRC) (310) & (310) The WLAC Library provides instruction on how to use the online catalog, periodical and research databases. In addition to a large collection of books, periodicals and videos the WLAC Library has course textbooks which students may use while in the Library. Web access is available in LIRL as well as meeting rooms. The upper floors provide a beautiful view ideal for study (WLAC College Catalog). Course Agenda Week Date Open Topic Assignments 1 April 11 Whole Numbers & Fractions Chapters 1 & 2 Personal Introduction 2 April 18 3 April 25 4 May 2 5 May 9 6 May 16 Decimals & Percents and Business Applications Chapters 3 & 6 Using Equations to Solve Business Problems & Checking Accounts Chapters 5 & 4 Invoices and Trade Discounts & Markup and Markdowns-The Finance of Retail Sales Chapters 7 & 8 Payroll & Simple Interest and Promissory Notes Chapters 9 & 10 Compound Interest and Present Value Chapter 11 Mid-Term Exam Course title and semester (ex: English 28: Intermediate Reading and Composition Fall 2013) Page 6

7 7 May 23 8 May 30 Annuities & Consumer and Business Credit Chapters 12 & 13 Mortgages, Buying and Paying For Your Home Chapter 14 Final Exam ***Instructor has the right to modify or change the chapters and assignments set forth above*** IT IS THE STUDENT S RESPONSIBILITY TO KNOW THE POLICY, PROCEDURES, AND CALENDAR DEADLINES FOR DROPPING A COURSE PROPERLY. Course title and semester (ex: English 28: Intermediate Reading and Composition Fall 2013) Page 7

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