Basics of Business Math

Calculator

	Add subtract multiply and divide with a calculator
	Use the constant function
	Multiply and divide by fractions
	Use the percent key to do percent calculations
	Calculate squares and square roots
	Perform chain calculations and combined operations
	Use common formulas to perform financial calculations

Decimals

	Compare decimals and round decimals to the nearest tenth and nearest hundredth
	Add subtract multiply and divide decimals
	Perform combined addition subtraction multiplication and division problems using the rules of order.
	Solve math problems using decimals

Equations

	Solve simple equations
	Solve word problems by using formulas
	Write ratios to express the relationship between two amounts
	Use proportions to solve problems involving comparisons of ratios
	Solve math problems using ratios and proportions
	Solve math problems using equations

Fractions

	Add subtract multiply and divide fractions
	Write equal fractions
	Perform combined computations
	Use fractions to solve application problems

Percents

	Convert a decimal to a percent and a percent to a decimal
	Convert decimals to fractions fractions to decimals and fractions to percents
	Define the terms base rate and percentage and identify them in word problems
	Solve math problems using percents

Reports

	Define mean median and mode
	Calculate a simple average
	Determine the type of average that best represents the measure of central tendency
	Distinguish between a simple average and a weighted average
	Calculate a weighted average
	Identify various types of graphs and charts
	Read and interpret graphs
	Select appropriate graphs