The concepts of corporate debt and equity. The role of stocks in funding a business, preferred and common stock are contrasted, and the concept of bonds as debt owed to its bondholders is discussed.
The shifting needs of the business person. While business math itself may remain constant, the mathematical needs of modern business do not.
Both business people and consumers must learn to work with fractions, decimals and percents in addition, subtraction, multiplication and division.
Emphasizes the business use of statistics, showing how appropriate statistics give a more accurate, more comprehensive picture of business growth and trends.
The advantages, from a business perspective, of spreading the value of an asset over several years. This lesson also distinguishes between tangible and intangible assets.
Promissory notes, how and when they are used, methods for determining the due date, face vale and rate, are the subject.
The advantages of visual representation of statistical data and how this can work to a business's advantage in reporting and marketing.
An introduction to the ways in which the health of a business is determined. The shortcomings of balance sheets and income statements are used to demonstrate why additional financial calculations are valuable.
What is the difference between simple and compound interest? Also, illustrated how and when compound interest is used as well as introduce the basics of savings accounts and time deposit accounts.
The concept of taxation; why taxes are paid, various kinds of taxes and what we get in return for our tax dollars.