BADW_DMS: Accounting 1 – Multihexa College

About Course

This course will introduce students to the theory and practice of accounting as applied to the accumulation, external reporting and external uses of financial accounting information.
Topics covered apply to the concepts of preparing and analyzing accounting information for shareholder and management use.
Topics will include accounting for the liability and equity side of the balance sheet; current liabilities and payroll; partnerships, corporate structure and transaction; long term investments and preparation of financial statements and ratio analysis.

Apply basic algebra math calculations to solve business solutions
Explain the importance of quantitative analysis in the decision-making process
Explain the role of merchandising mathematics and operations in wholesale and retailing business
Apply simple interest and compound interest calculations to different financial instruments such as treasury bills and promissory notes.
Solve present value and future value problems involving simple interest or compound interest calculations
Solve comprehensive annuity and loan amortization problems
Obtain and use current currency exchange rates to calculate value in different countries
Analyze word problems to extract relevant data from business language and context
Express numerical solutions in terms of business situations
Use ratios and proportions to solve allocation problems
Develop amortization schedules to illustrate the effect of compounding interest
Express answers to business problems using concept based written language
Use correct terminology to discuss mathematical concepts
Use proper expression of money, numerical values, and percentages
Apply, calculate, and interpret financial and business concepts to make informed business decisions
Understand how to apply mathematical concepts to personal and business investment and borrowing decisions

Course Content

Topic 1 – Introduction To Course

Topic 1: Introduction

03:38
LO1: Explain the Significance of Mathematics In Solving Practical Business Problems

09:04
LO2: Analyze How Mathematical Applications Contribute to Business Decision-Making

12:37
LO3: Discuss the Role of Quantitative Methods In Evaluating Costs, Revenues, and Profits

12:13

Topic 2 – Basic Algebra For Business Solutions

Topic 3 – Quantitative Analysis In Decision Making

Topic 4 – Merchandising Mathematics

Topic 5 – Simple Interest Calculations

Topic 6 – Compound Interest Calculations

Assessment I

Topic 7 – Present Value And Future Value Calculations

Topic 8 – Annuities And Loan Amortization

Topic 9 – Currency Exchange Rates

Topic 10 – Word Problems In Business Mathematics

Topic 11 – Ratios And Proportions

Topic 12 – Amortization Schedules

Topic 13 – Expressing Numerical Solutions In Business

Assessment II

Topic 14 – Mathematical Terminology

Topic 15 – Interpreting Business Data

Topic 16 – Financial Decision-Making

Topic 17 – Business Investments And Borrowing

Topic 18 – Financial Planning And Budgeting

Topic 19 – Business Profitability And Analysis

Topic 20 – Final Exam Review

Final Exam

About Course

What Will You Learn?

Course Content

Topic 1 – Introduction To Course

Topic 1: Introduction

LO1: Explain the Significance of Mathematics In Solving Practical Business Problems

LO2: Analyze How Mathematical Applications Contribute to Business Decision-Making

LO3: Discuss the Role of Quantitative Methods In Evaluating Costs, Revenues, and Profits

Topic 2 – Basic Algebra For Business Solutions

Topic 2: Introduction

LO1: Solve Algebraic Equations that Model Common Business Scenarios

LO2: Apply Algebraic Techniques to Calculate Break-Even Points and Profit Margins

LO3: Evaluate Business Cases Such As Inventory Control and Sales Forecasting Using Algebra

Topic 3 – Quantitative Analysis In Decision Making

Topic 3: Introduction

LO1: Define Quantitative Analysis and Explain its Role in Managerial Decision-Making

LO2: Identify Mathematical Tools that Support Evidence-Based Business Strategies

LO3: Analyze Business Cases Where Quantitative Methods Improve Decision Outcomes

Topic 4 – Merchandising Mathematics

Topic 4: Introduction

LO1: Describe the Application of Mathematics in Merchandising and Retail Operations

LO2: Calculate Markup, Markdown, and Gross Profit in Merchandising Situations

LO3: Evaluate the Effects of Pricing Strategies On Profitability and Revenue

Topic 5 – Simple Interest Calculations

Topic 5: Introduction

LO1: Define Simple Interest and Explain its use in Business Finance

LO2: Apply the Simple Interest Formula to Financial Instruments Such as Notes and Bills

LO3: Analyze How Simple Interest Impacts Short-Term Financial Transactions

Topic 6 – Compound Interest Calculations

Topic 1: Introduction

LO1: Explain the Concept of Compound Interest and its Differences From Simple Interest

LO2: Calculate Compound Interest in Various Business and Investment Contexts

LO3: Compare the Effects of Simple and Compound Interest on Financial Outcomes

Assessment I

Quiz I

Topic 7 – Present Value And Future Value Calculations

Topic 7: Introduction

LO1: Define and Explain the Concept of the Time Value of Money

LO2: Solve Present Value and Future Value Problems Using Interest Formulas

LO3: Apply PV and FV Techniques to Evaluate Investment and Loan Alternatives

Topic 8 – Annuities And Loan Amortization

Topic 8: Introduction

LO1: Explain the Concept of Annuities and their Role in Business Finance

LO2: Develop Loan Amortization Schedules and Interpret Payment Structures

LO3: Apply Annuity and Amortization Calculations to Real-World Business Borrowing

Topic 9 – Currency Exchange Rates

Topic 9: Introduction

LO1: Explain How Currency Exchange Rates Are Determined and Used in Business

LO2: Convert Currencies Using Prevailing Exchange Rates in Business Transactions

LO3: Analyze the Impact of Currency Fluctuations On International Business Operations

Topic 10 – Word Problems In Business Mathematics

Topic 10: Introduction

LO1: Identify Relevant Data From Word Problems and Formulate Mathematical Models

LO2: Translate Real-World Business Problems into Solvable Equations

LO3: Apply Mathematical Methods to Provide Solutions For Practical Business Cases

Topic 11 – Ratios And Proportions

Topic 11: Introduction

LO1: Define Ratios and Proportions and Explain their Importance in Business Contexts

LO2: Apply Ratios to Analyze Financial Statements, Costs, and Pricing Structures

LO3: Use Proportions to Develop Business Allocation and Resource Distribution Solutions

Topic 12 – Amortization Schedules

Topic 12: Introduction

LO1: Explain the Relationship Between Principal and Interest in Amortization

LO2: Calculate Loan Repayment Schedules Using Amortization Formulas

LO3: Evaluate the Financial Impact of Compounding Interest On Long-Term Loans

Topic 13 – Expressing Numerical Solutions In Business

Topic 13: Introduction

LO1: Express Numerical Results in Clear and Business-Relevant Terms

LO2: Interpret Mathematical Outcomes to Generate Actionable Business Insights

LO3: Translate Quantitative Findings into Strategic Business Recommendations

Assessment II

Quiz II

Topic 14 – Mathematical Terminology

Topic 14: Introduction

LO1: Define and Use Mathematical Terminology Correctly in Business Contexts

LO2: Accurately Express Percentages, Money Values, and Numerical Relationships

LO3: Explain the Importance of Precise Mathematical Language in Professional Communication

Topic 15 – Interpreting Business Data

Topic 15: Introduction

LO1: Apply Mathematical Tools to Interpret Financial and Operational Data