The Mathematics of Money

602 Chapter 15 Payroll and Inventory b. Calculate the value of the fl our inventory at the end of the month, using LIFO. Smith’ ...

Copyright © 2008, The McGraw-Hill Companies, Inc. F. Cost Basis Sandra recently sold 500 shares of stock for $3,350. She had bo ...

604 CHAPTER 15 SUMMARY Topic Key Ideas, Formulas, and Techniques Examples Gross Pay Based on Salary, p. 581 Divide annual salar ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Topic Key Ideas, Formulas, and Techniques Examples Net Pay, p. 584 • Calculate ...

606 Chapter 15 Payroll and Inventory Topic Key Ideas, Formulas, and Techniques Examples Calculating Cost of Goods Sold, p. 597 ...

Copyright © 2008, The McGraw-Hill Companies, Inc. 607 NOTES ...

608 Learning Objectives LO 1 Summarize statistical data using graphs and charts, making an appropriate choice of the type of cha ...

Copyright © 2008, The McGraw-Hill Companies, Inc. To make any use of the data we collect, we need to be able to convert this raw ...

610 Chapter 16 Business Statistics Following the instructions, we fi rst enter the data into a spreadsheet. The result looks lik ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Suppose you are managing a hotel and at checkout you ask your guests to fill o ...

612 Chapter 16 Business Statistics If we follow the same steps to create a column chart, the result would be something like this ...

1 2 3 4 5 A B 2003 $10,000 2004 $12,350 2005 $11,795 2006 $13,552 2007 $14,401 6 2008 $12,199 Then, we follow the remaining step ...

614 Chapter 16 Business Statistics EXERCISES 16.1 A. Creating Charts and Graphs Montag Fire Equipment has fi ve regional offi c ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Speedywheels Bicycle Manufacturing is launching an advertising campaign to em ...

a. A gas station chain company wants to show customers where the cost of gasoline comes from by breaking down the price into the ...

Copyright © 2008, The McGraw-Hill Companies, Inc. numerical values like averages which are used to summarize a large amount of d ...

618 Chapter 16 Business Statistics There are other measures of central tendency used in certain special situations. Some example ...

Copyright © 2008, The McGraw-Hill Companies, Inc. Suppose, for instance, that we revisit the coffee price example that we were c ...

620 Chapter 16 Business Statistics
$2,766.50 __ 105
$26.34 Notice that when we compare the three “averages” in this example, ...

Copyright © 2008, The McGraw-Hill Companies, Inc. However, index formulas can still be used as a basis for comparison. If you kn ...