Preface<br > The fifth edition of Fundamentals of Business The book is divided into the following parts.<br > Mathematics retains the format and style that<br > made the previous editions popular. The book Part 1--Basics. This part presents the<br > continues to provide basic skills in business foundation material of the book. Students<br > mathematics and is written for the first-year review basic arithmetic， examine equations，<br > community college or university student， While and study in detail the fundamental<br > the book is intended for students who plan to formula of business mathematics<br > major in business， the topics in the book remain P = B. R.<br > pertinent to consumers as well as employers. For Part 2--Retailing/Accounting. In addition to<br > this reason， the text is also appropriate for a core presenting the fundamentals of buying and<br > course in basic mathematics， selling and inventory control， chapters in<br > The only prerequisite for the text is standard this part cover fundamentals of record<br > ~high school mathematics. In fact， the opening keeping with respect to payrolls， banking，<br > chapters provide a review of basic arithmetic for accounting statements， budgeting，<br > {hose students who need to solidify their depreciation， and taxes.<br > arithmetic foundations before applying these<br > skills to business situations. Part 3--Finance， The principles of basic finance<br > About this book from the viewpoint of both the consumer<br > and the businessperson are examined in<br > The philosophy of the text continues to be this part. Topics include simple and<br > Jearning by doing， and the pedagogy follows the compound interest， credit， stocks and<br > ~ ucw..e..ssful formula of explanation-example- bonds， annuities， and amortization.<br > ~exereise. New material is immediately reinforced<br > by，examples and exercise sets relating to Part 4--Selected Topics. Insurance is a business<br > i + necessity， and the chapter on insurance<br > ~usiness situations. Word problems continue to be<br > ~ a key feature of the text and are valuable includes detailed coverage of four forms of<br >+ !i~，i~ ~raining for actual business operations， business insurance: life insurance， group<br > ~: Additional learning aids in each chapter include insurance， fire insurance， and automobile<br > +:.~ +， ，l~rning objectives， a glossary of key terms， and insurance. Statistics and graphs have<br > -: ~:~ ~reyiew tests， become vital decision tools for<br > r --:~#~" Another feature retained in the text is management， and businesses are rapidly<br > - ~+ ~lexibJlity Once the student masters the material converting to metric measurements.<br > : ~iXlPart 1. the instructor may choose any set of Chapters in this part examine these topics.<br > "*.+ ~-，~ +tOpics from the remaining chapters， This enab es<br > ~ ~?~+? %~ ~reb~ book to be used successfully in courses<br >" 2:" ~ -itanaging from one term to a full year.<br >