Beruflich Dokumente
Kultur Dokumente
1-1
Mathematics
Basic
Chapter 1
McGraw-Hill Ryerson
Basic
1-2
Learning Objectives
Mathematics
McGraw-Hill Ryerson
also
Basic
1-3
Learning Objectives
Mathematics
Calculate the
McGraw-Hill Ryerson
Basic
1-4
Mathematics
LO 1.
rithmetic
perations
McGraw-Hill Ryerson
Basic
1-5
Mathematics Brackets ( )
Exponents 22 -or 2 x 2
Division -or /
Multiplication 4(2 - 5) -or 4 x (2 - 5)
-or 4*(2 - 5)
Addition +
Subtraction
McGraw-Hill Ryerson
Basic
1-6
Mathematics How do we evaluate (solve) the following
problem? xpr e s si on!
nown as anE
K
72 (3 x 22) 6
McGraw-Hill Ryerson
Basic
1-7
Mathematics
72 (3 x 22) - 6
B 72 (3 x 22) - 6
E = 72 (3 x 2 x 2) - 6
D
M
= 72 12 -6
A = 72 12 -6
S = 6 - 6
== 00
McGraw-Hill Ryerson
Basic
1-8
Mathematics
LO 2.
Converting
Decimals to Percents
Percents to Decimals
McGraw-Hill Ryerson
Converting
Basic
1-9
Mathematics
McGraw-Hill Ryerson
Basic
1 - 10
Mathematics
Converting
Fractions to Percents
Percents to Fractions
McGraw-Hill Ryerson
Converting
Basic
1 - 11
Mathematics
Percents Percents
Fraction Top / Bottom Fraction
Percent /100
* 100
1 15
10 10% 100 15%
5 384
13 38.4615% 1000 38.4%
McGraw-Hill Ryerson
Basic
1 - 12
Mathematics
Converting
Decimals to
Decimal Fractions
McGraw-Hill Ryerson
Basic
1 - 13
Mathematics
Converting
Decimals to Decimal Fractions
Decimal Fractions
Step
1
Write Digits .24
Step .24 24
2 Divide by 1 100 100
with
with
appropriate .345 .345 345
appropriate 10 0 0 1000
numberof
number ofzeros
zeros
.2 .2 2
10 10
McGraw-Hill Ryerson
Basic
1 - 14
Mathematics
LO 3.
Decimals
McGraw-Hill Ryerson
Basic
1 - 15
Decimals
Mathematics
Rounding 55or
ormore,
more,
thenraise
then raise
1 .4 currentone
current onetoto 38.5
next
next
Decimal
Decimal 2 .38 highestdigit.
digit. 38.46
highest
Places
Places 3 .385 38.462
5 .38462
McGraw-Hill Ryerson
Example
Basic
1 - 16
Mathematics
Example
Example
Showthe
Show thedistribution
distributionin in
(a)fractions,
(a) fractions,(b)
(b)decimals,
decimals, and
and(c)
(c)
asaapercent.
as percent.
Calculation
McGraw-Hill Ryerson
Basic
1 - 17
Mathematics
LO 4.
McGraw-Hill Ryerson
Basic
1 - 19
Mathematics
R B B = of
of indicates
indicates the Base
the Base
which isis 100%
which 100% or
or 11
McGraw-Hill Ryerson
Basic
1 - 20
Mathematics
McGraw-Hill Ryerson
Basic
1 - 21
Mathematics
Using this
Using tool! If you want to find P
this tool! then R*B
P If you want to find R then P/B
R B If you want to find B then P/R
McGraw-Hill Ryerson
Basic
1 - 22
Mathematics
7% GST + 8% PST
McGraw-Hill Ryerson
Calculate
Basic
1 - 26
Mathematics
Thismethod
This methodisisreferred
referred Initial(Base)Value $ 1,600,000
toas
to as Final Value 2,400,000
the BaseMethod
theBase Method Difference $ 800,000
LO 5.
8:00a
McGraw-Hill Ryerson
Basic
1 - 29
8:00a
Mathematics
Salaried
Commissioned
Hourly
McGraw-Hill Ryerson
Basic
1 - 30
8:00a
Mathematics
Salaried
Receives an ANNUAL amount.
e.g. $50,000 per annum
May receive other incentive payments.
e.g. Year-end Bonus
McGraw-Hill Ryerson
Basic
1 - 31
8:00a
Mathematics
Commissioned
Receives a percentage of sales made.
e.g. receive
May Personal Sales
other $250,000
incentive @ 10% Commission
payments.
e.g. be
Can Exceeding
paid bothsales quota
a salary - $20,000
and receive @ 3%
commission.
Can be paid Semi-Monthly or Bi-weekly.
McGraw-Hill Ryerson
Basic
1 - 32
8:00a
Mathematics
Hourly
Where employees are paid on
an hourly basis,
for an agreed number of hours per day, and for
an agreed number of days per week,
then the employee is referred to a an hourly employee.
In most cases this employee belongs to a recognized
labour union, and wages are usually paid weekly.
- May also receive production bonuses.
McGraw-Hill Ryerson
Basic
1 - 33
8:00a
Mathematics
Cycle
Paid Period (a) Annual (b) (a) / (b)
Payments
Income per Year Pay
Weekly Once $40,000
a Week 52 = $769.23
Payroll Chequee
it m
00001
Pay
/ $
er
Hourly
v
O
If an hourly employee has to work more hours than the
agreed number, then extra
pay is rewarded to recognize this overtime occurrence.
Theovertime
The overtime rate
rate isis usually
usually
1.5 times
1.5 times the
the hourly
hourly rate
rate
McGraw-Hill Ryerson
Basic
1 - 35
8:00a
Mathematics
McGraw-Hill Ryerson
Basic
1 - 36
8:00a
Mathematics
Commission
Larry is paid a straight commission of 8%.
His computer net sales were $100,000.
Larrys draw was $750.
How much commission is still due to Larry?
McGraw-Hill Ryerson
Basic
1 - 38
8:00a
Mathematics
Commission
Thisrefers
This refersto
tothe
thepayment
paymentof ofdifferent
different
commissionrates
commission ratesfor
forvarious
variouslevels
levelsof
ofsales.
sales.
McGraw-Hill Ryerson
Basic
1 - 39
8:00a
Mathematics
Calculation
McGraw-Hill Ryerson
Basic
1 - 41
8:00a
Mathematics
McGraw-Hill Ryerson
Basic
1 - 42
Mathematics
McGraw-Hill Ryerson
Basic
1 - 43
Mathematics
LO 7.
McGraw-Hill Ryerson
Basic
1 - 46
Mathematics
McGraw-Hill Ryerson
Basic
1 - 48
Mathematics
McGraw-Hill Ryerson
Also
Basic
1 - 49
Mathematics
Calculating
Property
PropertyTax
Tax== Mill
MillRate
Rate **Assessed
AssessedValue
Value
1000
1000
Mill
Mill Rate
Rate = amount of tax per $1000
of Assessed Value
Calculation
McGraw-Hill Ryerson
Basic
1 - 50
Mathematics
Calculating
If you live in a house with an Assessed Value of
$240,000, and the current mill rate is $26.923, find
the amount of your property tax for the year.
Property
PropertyTax
Tax==Mill
MillRate
Rate**Assessed
AssessedValue
Value
1000
1000
McGraw-Hill Ryerson