# Busn135Ch01.xls

Document Sample

```					            Whole Numbers and Decimals
Define:
Whole Numbers
Decimals
Whole Numbers
Decimals
Round:
Whole Numbers
Decimals
Whole Numbers
Decimals
Order of Operations:
By hand
In Excel
Multiply and Divide:
Whole Numbers
Decimals
Omitting zeros when multiplying or dividing

Math Word-Application Problems:
Translating words into math symbols
Steps to solve math word-application problems
Whole Numbers: numbers to the left of the decimal point. Uses
the ten one-place digits: 0,1,2,3,4,5,6,7,8,9. No "parts of the
whole", or no numbers between 1 and 0. Use a comma every
third place.
Trillions                                         Billions                                       Millions                                 Thousands                            Ones

Hundred Thousands
Hundred Trillions

Hundred Millions
Hundred Billions

Ten Thousands
Ten Trillions

Ten Millions
Ten Billions

Thousands
Trillions

Millions
Billions
4                   5             6            7                     5             8            4                  5              2
4

Fifteen Million, Seven Hundred Eighty Nine Thousand, Four
15,789,458                             Hundred Fifty Eight
Whole
Four Hundred Thirty Trillion, Four Hundred Fifty Seven Billion, Eight
Numbers
Hundred Forty Five Million, Eight Hundred Ninety Six Thousand,
430,457,845,896,214                          Two Hundred Fourteen
Four Hundred Fifty Six Billion, Seven Hundred Fifty Eight Million,
Four Hundred Fifty Two Thousand, One Hundred Nineteen And
456,758,452,119.155                   One Hundred Fifty Five Thousandths
Decimal
Two Hundred Fifty Four Thousand, Four Hundred Nineteen
Numbers
0.254419                                  Millionths
One Hundred Fifty Four Thousand Five Hundred Eighty Seven
\$154,587.25                       Dollars And Twenty Five Cents
Decimals: numbers to the right
decimal point. Uses                                  of the decimal point -
The word                    representing parts of a whole -
,9. No "parts of the "and" goes                  "a whole" is the number 1 and
Use a comma every here when                     the "parts" is a number between
you say the 1 and 0. Define Decimal ==> A
word         number written with a decimal
Ones                            such as 4.987 or .062

Hundred-Thousandths
Decimal Point (and)

Ten-Thousandths
Thousandths
Hundredths
Hundreds

Millionths
Tenths
Ones
Tens

1          1      9                                 1         5            5
5          6      3                                 2         5            4              4                  1                   9
Formatting is like a façade on a house: it is only what is on top. Formatting does not necessarily refle
number
General          Number        Currency        Accounting          Date           Time

Shows date
Shows "floating"      Shows "fixed"         format,             Shows time
No commas,       Shows commas dollar sign,                  dollar sign,          underneath is the   format,
shows as many and as many             commas and as         commas and as         number of days      underneath is the
decimals as you decimals as you many decimals as            many decimals as      since Jan. 1,       proportion of one
type in          tell it to show      you tell it to show   you tell it to show   1900                24 hour day
12569.45698            12,569.46       \$12,569.46       \$      12,569.46              7/3/2006         8:00:00 AM
12569.45698         12569.45698       12569.45698           12569.45698                  38901       0.333333333
12569.45698         12569.45698       12569.45698           12569.45698                  38901       0.333333333
s not necessarily reflect the underlying

Percentage             Fraction
Shows
Percentage
format (slides
decimal to right
two positions and
percentage            Division
symbol). What is      represented with
underneath is a       a numerator and
decimal or whole      a denominator
number (.06 or 1      and a line
))                    between the two
6.00%                   1/4
0.06                0.25
0.06                0.25
Rules for Rounding by hand
Select the position to which you would
like to round. We will call this the
1 "selected position".
If you are rounding to a whole number
draw a line under the "selected
position".
If you are rounding to a decimal
position, draw a vertical line after the
"selected position" to indicate that you
will drop the remaining digits.
2 Look one position to the right

If this digit is 5 or more, increase the
digit in the "selected position" by one
If this digit is 4 or less, DO NOT
CHANGE the digit in the "selected
position"
Change all the digits to the right of the
3 "selected position" to zeros.
If you have decimal positions that have
zeros, you can drop them.
by hand
Financial Statements are often rounded
to the Thousands position                     \$5,698,700,459.25
Income Taxes are rounded to the ones
position                                               \$555.25
Payroll deductions are rounded to the
hundredths position                                   \$98.2569

ROUND function in Excel

To round to the thousands position use "-
3" as the second function argument
=ROUND(C2,-3)
To round to the ones position use "0" as
the second function argument
=ROUND(C3,0)

To Round to the Hundredths Position use
"2" as the second function argument
=ROUND(C4,2)
ROUND function
Financial Statements are often rounded
to the Thousands position                     \$5,698,700,459.25
Income Taxes are rounded to the ones
position                                               \$555.25
Payroll deductions are rounded to the
hundredths position                                     \$98.26

Increase/Decrease decimals with
formatting
Use the Increase/Decrease Decimal
button on the Formatting toolbar
Income Taxes are rounded to the ones
position                                 \$555.25
Payroll deductions are rounded to the
hundredths position                     \$98.2569
Name              Gross Pay     Deduction 1       Net Pay
Suix Chin              5,468.25
Stephanie Walting      7,667.54
Rachel Hensley         6,900.20
Totals

Assumption
Deduction Rate               0.32

Rule for when to use the ROUND function: If you will use the
result of a formula in a subsequent Excel formula and you are
multiplying or dividing decimals where you are required to round
to a certain position, you must use the ROUND function to get a
In the range C4 to C6 (green color) create efficient formulas that
5) Because each deducti
calculate the deduction based on the rate in cell B10 (Gross *                                    subtracted from each pay
deduction rate). Then calculate the net pay in the range D4:D6.                                    function. The Decimal bu
Then add totals in cells C7 and D7. Hint: When we calculate a                                      are Rounded, but they ar
deduction, we must round to the penny.

Name              Gross Pay     Deduction 1 Net Pay                          Name              Gross Pay
Suix Chin              5,468.25     1,749.84    3,718.41                     Suix Chin              5,468.25
Stephanie Walting      7,667.54     2,453.61    5,213.93                     Stephanie Walting      7,667.54
Rachel Hensley         6,900.20     2,208.06    4,692.14                     Rachel Hensley         6,900.20
Totals            6,411.51   13,624.48                                       Totals

Assumption                                                                   Assumption
Deduction Rate                0.32                                           Deduction Rate              0.32

ROUND function

2) and then typed the numbers she saw into the cells here.

3) When she added them up she got a different number than
you did. Her number is correct because what you see is what
5) Because each deduction is a bunch of pennies that are
subtracted from each paycheck, you must use the ROUND
function. The Decimal button on the toolbar makes it look like they
are Rounded, but they are not.

Deduction 1 Net Pay
1,749.84    3,718.41
2,453.61    5,213.93
2,208.06    4,692.14
6,411.52   13,624.47

1,749.84000
2,453.61280
1749.84                   2,208.06400
2453.61
2208.06
6411.51

can see there are some decimals that you originally could not
see, but the SUM function does see them. The SUM function
sees them and used them when it adds. That is why your SUM
shows 6,411.52 (it has more decimals to add and so it gets one
penny more).
Whole Numbers
16
+      15

62
-      43

Decimals
16.256
+   15.128

62.07
-    43.29

Whole
Income From Bookkeeping            15,580.00
Income From Tax Preparation        11,504.00

Rent Expense                       1,000.00
Insurance Expense                  1,300.00
Salary Expense                     3,145.00
Supplies Expense                     526.00
Depreciation Expense                 244.00
subtract Net Income
s

Decimals
Income From Bookkeeping       15,580.58
Income From Tax Preparation   11,504.19
Total Revenue

Rent Expense                   1,000.12
Insurance Expense              1,300.26
Salary Expense                 3,145.37
Supplies Expense                 526.86
Depreciation Expense             244.86
Total Expenses
Net Income
Name   Gross Pay     Deduction 1      Deduction 2      Deduction 3        Total Deductions
Name 1        881.13            13.06            12.94              29.76
Name 2        690.13            24.94            12.58              20.38
Name 3       1086.01            18.26             26.8               24.8
Name 4        672.43            19.99            25.02              25.56
Name 5        937.85            25.66            21.59              14.08
Name 6        994.07            31.72            14.94              29.51
Name 7       1005.24            16.27            35.35              37.27
Name 8        988.26             24.7            27.42              29.17
Name 9        688.82            37.78            15.61              15.62
Totals       7943.94          212.38            192.25             226.15

Name   Gross Pay     Deduction 1      Deduction 2      Deduction 3        Net Pay
Name 1        881.13            13.06            12.94              29.76
Name 2        690.13            24.94            12.58              20.38
Name 3       1086.01            18.26             26.8               24.8
Name 4        672.43            19.99            25.02              25.56
Name 5        937.85            25.66            21.59              14.08
Name 6        994.07            31.72            14.94              29.51
Name 7       1005.24            16.27            35.35              37.27
Name 8        988.26             24.7            27.42              29.17
Name 9        688.82            37.78            15.61              15.62
Totals       7943.94          212.38            192.25             226.15

Name                Gross Pay
Suix Chin                        5,468.25
Stephanie Walting                7,667.54
Rachel Hensley                   6,900.20
Totals

Assumption
Deduction Rate                        0.32
Net Pay

efficient formula
=B15-SUM(C15:E15)
inefficient formula
=B16-C16-D16-E16

Deduction 1     Net Pay
1,749.84               3,718.41
2,453.61               5,213.93
2,208.06               4,692.14
6,411.51              13,624.48
d67cc0eb-3fd2-449d-8e1c-09d4495967ae.xls - Order of Operations

Arithmetic operation signs in Excel:
( ) represents Parentheses
^ represents Exponents (powers and roots)
* represents Multiplication
/ represents Division
– represents Subtraction

Order of Operations form Algebra class (Each one is left to right):
Please  Parenthesis  ( )
Excuse  Exponents  ^  2^2 = 4 or 4^(1/2) = 2
My Dear  Multiplication  * and Division  /
Aunt Sally  Adding (SUM)  + and Subtraction  -

Excel's Order of Operations:
Parenthesis ( )
Ranges use of colon symbol ":"
Example: =SUM(A1:A4)
Evaluate unions (,)
Example: =SUM(A1:A4,B2:C7)
Negation (-)
Example: =-2^4  16
Example: =-(2^4)  -16
Converts % (1%  .01)
Exponents (^)
Example 1: 4^(1/2) = 2
Example: 3^2 = 9
Multiplication (*) and division (/), left to right
Adding (+) and division (-), left to right
Text operators (&  Concatenation)
Comparative symbols: =, <>, >=, <=, <, >
If anything is still left, then left to right

Page 15 of 29
d67cc0eb-3fd2-449d-8e1c-09d4495967ae.xls - OOO (2)

3+3*2       =D1+E1*F1                         3   3   2
(3+3)*2     =(D2+E2)*F2                       3   3   2
2+(2+1)*3   =D3+(E3+F3)*G3                    2   2   1   3

2-1+(3-1)*2 =D4-E4+(F4-G4)*H4                 2   1   3   1   2

Page 16 of 29
Multiplying Whole Numbers
690
*       43                   3                                                                         4
2                                                                         6
690 multiplicand factor                                                   6
x    43 multiplier factor                                                     4
2070 partial product (3 x 69)
+ 27600 partial product (4 x 69)                                               2
3
5
3
300                  300       2 zeros
*       70                 x 70       1 zero
21 +      3 zeros

Omitting zeros when multiplying: "remove at

Dividing Whole Numbers
256
4   Numerator = Dividend
      16
2   Denominator = Divisor

4 (Numerator)  2 (Denominator) = 2 (Quotient or answer)

2 (Denominator)     4 (Numerator)
108000
      900                                                 Zeros in division:
0/4 = 0 because 0 * 4 = 0
however
4/0 = ? = in not defined because what?*0 = 4 ????
1080
Reciprocals: 1/2 and 2/1 are reciprocals
       9
Omitting zeroes in division

108000  900 = 1080 9 = 120                                             876
2

2

3

Multiply Decimals

0.032          Items      Boomerangs
*    0.070          Quantity          5.00
Price              22.25
Total

Hours              39.50                    Gross                -
Wage               15.75                    Tax Rate            0.06
Gross                                       Tax Rate

Divide Decimals

17.60
      0.25

17.6 .25 = 1760 25 = 70.4

1,760.00
      25.00

When the denominator is
15.00                      between 1 and 0, the quotient
will always be bigger than the
      0.25
Numerator

Different ways to express quotient:                                Quick way to estimate
20                                                   29548 round up ==>
          15                                          *          0.10 slide decimal to right
1.333333     1R5         1 1/3
Decimal     Remainder Fraction                          slide decimal back to left <==
158   56,986
190       23
197

r) = 2 (Quotient or answer)

ause what?*0 = 4 ????
30000
1
30000
3000
Steps for solving word-application problems:
Read problem carefully – be sure you know what
List all relevant facts. List all information you want
Step 2                                 to find.
Step 4                     Set up the problem and solve.
Write answer in words – go back and use the
Step 6                  nouns and verbs from the problem.

Short list of steps for solving word-application problems:
Step 1           Read problem carefully and list all relevant facts
Step 2           Set up problem, solve, check and double check
Write answer in words – go back and use the
Step 3                 nouns and verbs from the problem.

Translate words into math symbols
Add            Subtract            Multiply       Division        Equal         Powers
plus           less                product        divided by      is            squared
more           subtract            double         divided into    the same as   raised to
more than      subtracted from     triple         quotient        equals        to the second power
added to       difference          times          goes into       equal to      cubed
increased by   less than           of             divide          yields        to the 12th power
sum            fewer               twice          divided equally results in
total          decreased by        twice as much per              are
sum of         loss of
increase of    minus
gain of        take away

The three invoices each had a total of \$14.26
listed on the bottom line. What is the total that is
owed?
If the total gross earnings for the year were
\$29,013.45 and the first \$15,000 of those gross
earnings were taxed at a rate of .10 and the
remaining amount was taxed at .15. What is the
total tax paid for the year if you round your
1)                              Setup for Math Problems In Excel
2)
3)
4)
5)
6)
7)
8)
9)

If there are 10 Boomerangs for sale at \$20 each and the cost for
each boom is \$10, what is the total profit if you sell them all?
Summary Exercise
Step 1         Read and list all relevant facts
1   Average wedding costs in USA in 2004
2   Cost of average 2001 wedding =                  \$20,357.00
Average cost has increased as the average
number of wedding guest has grown to over
3   200
4   Graph shows details
Wedding reception                              \$9,590.00
Rings (engagement and wedding)                 \$5,099.00
Photographer                                   \$1,647.00
Misc. expense                                  \$1,583.00
Music                                          \$1,042.00
Bridesmaids' dresses (5)                         \$992.00
Bouquets and other flowers                       \$950.00
Rehearsal dinner                                 \$877.00
Men's formal wear                                \$849.00
Mother's of the Bride apparel                    \$297.00

Step 2 and 3
a            The total Costs shown in the graph =

The increase in the average wedding cost in
b              2004 over the cost in 2001 =

c              Our cost for wedding =                           \$7,000.00
Cost per guest =                                    \$32.00
The number of guests we can invite =
Since we can not invite a part of a guest, we
must round ==>
Total costs for us =
Amount left over =

Number of guests that are invited to wedding
d              =                                                      150
Budgeted amount for wedding =                    \$7,000.00

Amount that can be spent on each person =
Round to the nearest cent =

e              Budgeted amount for wedding =                    \$4,000.00
Cost per guest =                                    \$27.00
The number of guests we can invite =
Since we can not invite a part of a guest, we
must round ==>
Total costs for us =
Amount left over =

f              Budgeted amount for wedding =                    \$1,000.00
Cost per guest =                                    \$15.00
The number of guests we can invite =
Since we can not invite a part of a guest, we
must round ==>
Total costs for us =
Amount left over =

g   Number of bridal party bouquets =                     5
Cost per bridal party bouquets =                 \$36.25
Number of boutonnieres =                              5
Cost per boutonnieres =                           \$7.50
Total amount budgeted for flowers =             \$863.00
Amount spent for bridal party bouquets and
boutonnieres =
Amount left over
s
#1   Round to the nearest ten
number to round =                                              844

#2   Round to the nearest hundred
number to round =                                            21,958

#3   Round to the nearest thousand
number to round =                                           671,529

#4   Front End Round
number to round =                                            50,987

#5   Front End Round
number to round =                                           851,004

#6                         Commissions Earned
Monday                                                      \$124.00
Tuesday                                                      \$88.00
Wednesday                                                    \$62.00
Thursday                                                    \$137.00
Friday                                                      \$195.00
Total =                                                     \$606.00

The total
commissions that
Suzanne earned =

#7   Total Costs
Cost per airless sprayer =                                \$1,540.00
Number of airless sprayers purchased =                            3
Total =               \$4,620.00
Cost per rototillers =                                      \$695.00
Number of rototillers purchased =                                 5
Total =               \$3,475.00
Number of ladders purchased =                                     8
Total =                 \$304.00

Total for all purchases =             \$8,399.00

#8   Round to the nearest cent                                         2
Number                                                      21.0568

#9   Round to the nearest cent                                          2
Number                                           364.345

#10 Round to the nearest cent                               0
Number                                            7246.49

8.42
3.715
159.8
Total =    181.535

32.78
426.3
37
Total =    498.795

#13 Subtract                                           341.4
207.8
Difference =        133.6

#14 Subtract                                              3.8
0.0053
Difference =       3.7947

#15 Multiply                                           21.98
0.72
Product =     15.8256

#16 Multiply                                           218.6
0.037
Product =      8.0882

#17 Division
Numerator (Dividend)                             252.008
Denominator (Divisor)                               21.8
Quotient =      11.56

#18 Division
Numerator (Dividend)                              57.358
Denominator (Divisor)                               2.41
Quotient =       23.8

#19 Division
Numerator (Dividend)                              79.135
Denominator (Divisor)                              18.62
4.25

#20 Total costs
Number of solvent gallons to buy                     32.6
Solvent cost per gallon                            \$13.48
Total =    \$439.45
Number of acid gallons to buy                        18.5
Acid cost per gallon                                \$3.56
Total =     \$65.86
Total for solvent and acid =                      \$505.31

#21 Total costs
Roof Materials per 10x10 squares                    \$84.52
Installation labor per 10x10 squares                \$55.75
Supplies per 10x10 squares                           \$9.65
Total Costs per 10x10 square                       \$149.92
Number of 10x10 squares                               26.3
Total costs                                      \$3,942.90

#23 How much change was received
Number of meters of electrical wire
purchased                                            16.5
Electrical wire cost per meter                      \$0.48
Number of meters of brass rod                           3
Cost of brass rod per meter                         \$1.05
Total cost                                         \$11.07
Amount of one fiver                                 \$5.00
Number of fivers                                        3
Total amount of money given to cashier             \$15.00

Amount of change he got from three fivers =         \$3.93

#24 Price of bananas per pound
Price of bananas per kilogram                       \$1.74
Number of pounds in one kilogram                      2.2
Price for 2.2 pounds of banana                      \$1.74
Price per 1 pound of banana                         \$0.79

#25 Find Number of seedlings
Ounces of concentrated fertilizer needed for
one seedling                                        0.058
Ounces of concentrated fertilizer available
for use                                            14.674
Number of seedlings that can be fertilized       253.0000
50,000

900,000

The total commissions that Suzanne earned = \$606.00

```
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
 views: 0 posted: 3/27/2013 language: English pages: 29
{"found_math": false, "script_math_tex": 0, "script_math_asciimath": 0, "math_annotations": 0, "math_alttext": 0, "mathml": 0, "mathjax_tag": 0, "mathjax_inline_tex": 0, "mathjax_display_tex": 0, "mathjax_asciimath": 0, "img_math": 0, "codecogs_latex": 0, "wp_latex": 0, "mimetex.cgi": 0, "/images/math/codecogs": 0, "mathtex.cgi": 0, "katex": 0, "math-container": 0, "wp-katex-eq": 0, "align": 0, "equation": 0, "x-ck12": 0, "texerror": 0}