Measurable Student Learning Outcomes
1. (Application Level) Apply math concepts to solve business problems by correctly adding, subtracting, multiplying, and dividing whole numbers, fractions, decimals, and percents for a given set of problems based on business applications. (CSLO-2)
2. (Application Level) Demonstrate the skills needed to reconcile a bank account. (CSLO-1)
3. (Application Level) Calculate and apply mark ups and mark downs to products and compute break-even analysis. (CSLO-4)
4. (Application Level) Compute appropriate cash and trade discounts and agent commissions based on a sales or purchase invoice. (CSLO-4)
5. (Application Level) Determine gross pay, deductions, and net pay for various employees including pay based on hourly rates, salaries, and commissions. (CSLO-3)
6. (Application) Determine and apply appropriate statistical concepts to business transactions and data sets. (CSLO-4)
7. (Evaluation Level) Calculate and apply financial concepts to appropriate annuities and sinking funds using present and future values. (CSLO-3)
8. (Evaluation Level) Compute and compare simple and compound interest rates on business, consumer loans, credit cards, mortgages, and installment purchases. (CSLO-2)
9. (Synthesis Level) Calculate interest, due dates, and proceeds for simple interest and discount promissory notes. (CSLO-2)
10. (Synthesis Level) Determine the tax base for a piece of real estate and compute the property tax when given the rules for computing. (CSLO-1)