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"Now in its second edition, this text offers an ideal introduction for economics and business students seeking to understand the mathematics relevant to them. Each chapter demonstrates basic mathematical techniques, while also explaining the economic analysis and business context where each technique is regularly used. By following examples and practice problems, students will learn how to use and apply each of these methods." "This updated edition...
Description
It may sound improbable for young people to be fascinated by the mathematics of chance and prediction - but this program will almost certainly make it happen! Set in the intriguing world of cards, coins, and dice, the video introduces the basic concepts of probability through colorful, easily understood examples. Viewers learn about complementary events, two-way tables, Venn diagrams, tree diagrams, and independent and dependent events. Featuring...
Description
When it comes to finances, "approximately" is just not good enough. Accounting professionals are expected to understand all the ins and outs of money matters, applying the rules of accountancy with good sense and care. With that in mind, this program starts with the basics, introducing the purpose of accounting, identifying the AICPA and FASB, explaining the concept of GAAP, and spelling out the differences between CPAs and CMAs. After contrasting...
Description
This program divides its time between the matching concept and the accounting cycle. First, the cash basis of accounting is compared to the accrual basis of accounting. Next, the five main types of entry adjustments are defined and illustrated. And then, with suitable fanfare, the accounting cycle is described in detail. Its eight steps include analyzing and journalizing transactions, posting transactions to the ledger, preparing the unadjusted trial...
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