Office Machines: With Excel Applications / Edition 6

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Overview

A perfect preparatory/review for today's office worker, this applications-oriented guide shows how to successfully use a calculator to solve today's business mathematical applications. Loaded with practical business applications, it offers clear-cut explanations, generic operating instructions, practice problems, and self-evaluations, plus a self-contained practice set that lets users gain practical, on-the-job experience as they review and reinforce concepts learned. Offers more business applications than any other book of its kind on the market, including bank statement reconciliation, consumer payment cards, statistical averages, insurance premiums, payroll records, corporate taxation, installment loans, and much more. Provides a level of skill development that meets or exceeds the standards that employers expect in the workplace. Includes an extensive, self-contained practice set ("Woodside Apartments") at the end of the book that allows users to put their knowledge to the test. For business math and accounting professionals.

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Product Details

  • ISBN-13: 9780130486882
  • Publisher: Prentice Hall
  • Publication date: 8/20/2002
  • Series: Alternative eText Formats Series
  • Edition description: REV
  • Edition number: 6
  • Pages: 320
  • Product dimensions: 8.30 (w) x 10.60 (h) x 0.90 (d)

Table of Contents

I. THE TEN-KEY OFFICE MACHINE AND BASIC MATHEMATICS.

1. Business Mathematics Review.

2. Operating the Ten-Key Keyboard by the Touch Method.

3. Practice and Speed Development.

II. THE ELECTRONIC CALCULATOR.

4. Addition and Subtraction on the Electronic Calculator.

5. Multiplication on the Electronic Calculator.

6. Division on the Electronic Calculator.

7. Multiple Operations on the Electronic Calculator.

III. ADVANCED BUSINESS APPLICATIONS.

8. Developing Keyboarding and Critical Thinking Skills.

9. Woodside Apartments: A Simulation.

Appendix A. Using the Computer Numeric Keypad.

Appendix B. Answers to Selected Problems and Self-Evaluations.

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Preface

Today employers demand a higher degree of competence from their employees than ever before. In fact, the ability to work business applications problems that require addition, subtraction, multiplication, and division with the help of a ten-key office machine is a prerequisite for many positions in the accounting and clerical fields. With this fact in mind, we have revised Office Machines in order to provide both students and instructors with the best textbook possible: one that is relevant, accurate, up to date, and interesting.

SPECIAL FEATURES OF THE SIXTH EDITION

As authors, we're especially proud of the sixth edition of Office Machines, but we also realize that it is impossible to rest on past performance. Although Office Machines has now been revised and improved five times since it was first introduced in 1978, we have tried to incorporate not only the latest changes that affect the world of business, but also the suggestions from both instructors and students who have used previous editions of the book. Among the special features contained in the sixth edition of Office Machines are the following:

  • A review of the basic mathematics needed for successful completion of an office machines course
  • Generic operating instructions for the electronic calculator and the calculator functions on the computer
  • The use of objectives, practice problems, narrative problems, self-checks, and self-evaluations in each chapter
  • An abundance of business applications problems that are identical to the type of work performed by employees in the real world
  • A self-contained, cumulative simulation (Woodside Apartments) that lets students gain practical, on-the-job experience before leaving the classroom
  • An option that allows students to use Microsoft Excel Software to complete the Woodside Apartments simulation

INCREASED COVERAGE OF BUSINESS MATHEMATICAL APPLICATIONS

Research indicates that students learn best when they can apply what they are learning to real-life situations. As a result, special effort has been made to choose business mathematical applications problems that are like the ones a typical employee would encounter in the real world. Specific business mathematical applications problems presented in this edition of Office Machines include the following:

Chapter 4
• Check Registers
• Bank Statement
• Reconciliation
• Consumer Payment Cards
• Accounting Forms
• Payroll Records

Chapter 5
• Markdowns
• Cash Discounts
• Compound Interest
• Commissions
• Cost Markup

Chapter 6
• Retail Markup
• Percent of Increase/Decrease
• Statements of Financial Position
• Income Statements
• Straight Line Depreciation

Chapter 7
• Declining Balance Depreciation
• Series (Chains) Discounts
• Invoices
• Simple Interest
• Distribution of Expense

Each of these topics is introduced with a real-life business situation and then thoroughly explained. Finally, examples are used to show students how each type of problem should be worked correctly on an electronic calculator.

TWO CHAPTERS PROVIDE ADDITIONAL INSTRUCTIONAL MATERIAL

For students who want to gain more practical on-the-job experience, two chapters provide additional instructional material in the sixth edition of Office Machines. In Chapter 8, a quick review of basic calculator operations is provided. Then detailed explanations and practice problems for seven advanced business applications are provided, including the following:

  • Statistical Averages
  • Dividend Yield and Stock Earnings
  • Inventory Valuation
  • Financial Ratios
  • Corporate Taxation
  • Insurance Premiums
  • Installment Loans

A self-contained, cumulative simulation (Woodside Apartments) is included in Chapter 9. Woodside Apartments is an 80-unit apartment complex in the North Dallas area. Students are asked to maintain the day-to-day accounting and clerical records required to manage this small business. Specific activities include working with checks and bank deposits, bank reconciliations, invoices, accounting statements, and other jobs that must be completed on a day-to-day basis. The skills required to complete the typical office machines course are reinforced when the simulation is used as a conclusion or capstone activity for the course.

ORGANIZATION OF THE TEXTBOOK

The material in the textbook has been divided into three major parts. Part One, "The Ten-Key Office Machine and Basic Mathematics," reviews the mathematical skills that are necessary for the successful study of business applications, introduces the ten-key touch method of operating a ten-key keypad, and develops speed and accuracy while using the ten-key touch method. There are three chapters in Part One. Part Two, "The Electronic Calculator," provides instructions for basic operations and business applications problems that may be completed on an electronic calculator or computer. There are four chapters in Part Two. Part Three, "Advanced Business Applications," provides a quick review of basic calculator operations, seven advanced business mathematical applications, and a cumulative, self-contained simulation. There are two chapters in Part Three.

Each major part has been divided into flexible chapters that may be used either in a self-paced, individualized instructional approach or in the traditional method of lecture/demonstration. Each chapter contains student objectives, thorough instructions, practice problems, narrative problems, self-checks, and self-evaluation posttests. All of these components are designed to enable the student to successfully complete the material contained in each chapter.

TEACHING MATERIALS

The Annotated Teacher's Edition that accompanies the sixth edition of Office Machines contains Parts One through Three of the student text, with answers provided for all of the problems. It also contains the following resource materials to make teaching as efficient as possible.

  1. Informational material for professors teaching the course
  2. A complete set of test masters that are ready for duplication a. Pretest and Posttest for Chapter 1
    b. Form A tests for formal evaluation of both skill and business applications problems c. Form B tests for formal evaluation of both skill and business applications problems d. Solutions to Pretest, Posttest, Form A Tests, and Form B Tests
  3. Transparency masters that can be used for business applications instruction

A SPECIAL NOTE TO STUDENTS

It's important to begin your office machines course with a basic idea: Office machines don't have to be difficult. In fact, we have done everything possible to eliminate the typical problems that students encounter in an office machines course. Let's begin with an overview of how this text is organized.

Organization of the Text

Take a moment and look at the table of contents. Notice that the first chapter provides review material on basic mathematics. Even if you have never been successful in math, the material in this chapter will help you build a foundation for the skill material and business applications that follow in Chapters 2 through 9.

Chapter Format

All of the features in each chapter have been evaluated and recommended by instructors with years of teaching experience. In addition, office machines students were asked to critique each chapter component. Based on this feedback, the following features are included in each chapter.

Objectives. If you have a purpose for studying the material in each chapter, you will learn more than if you simply wander aimlessly through the text. Therefore, each chapter in Office Machines contains clearly stated learning objectives that signal important concepts.

Introduction. Every chapter in Office Machines begins with an introductory section that provides generic instructions on how to use specific keys on your electronic calculator or computer.

Clearly Written Explanations and Examples. We have paid special attention to word choice and sentence structure to help you understand the procedures required to work individual problems. We have also provided examples that illustrate the correct methods to use when working both skill problems and applications problems.

Realistic Practice Problems and Business Applications. As soon as a concept is presented, problems are used to reinforce that concept. Special effort has been made to choose problems that allow you to apply concepts to real-life applications and situations. Answers for selected problems are located in Appendix B.

Self-Checks and Self-Evaluations. Each chapter contains self-checks and self-evaluations, which are provided so that you may verify skills and the attainment of the knowledge required to work business applications problems.

Read More Show Less

Introduction

Today employers demand a higher degree of competence from their employees than ever before. In fact, the ability to work business applications problems that require addition, subtraction, multiplication, and division with the help of a ten-key office machine is a prerequisite for many positions in the accounting and clerical fields. With this fact in mind, we have revised Office Machines in order to provide both students and instructors with the best textbook possible: one that is relevant, accurate, up to date, and interesting.

SPECIAL FEATURES OF THE SIXTH EDITION

As authors, we're especially proud of the sixth edition of Office Machines, but we also realize that it is impossible to rest on past performance. Although Office Machines has now been revised and improved five times since it was first introduced in 1978, we have tried to incorporate not only the latest changes that affect the world of business, but also the suggestions from both instructors and students who have used previous editions of the book. Among the special features contained in the sixth edition of Office Machines are the following:

  • A review of the basic mathematics needed for successful completion of an office machines course
  • Generic operating instructions for the electronic calculator and the calculator functions on the computer
  • The use of objectives, practice problems, narrative problems, self-checks, and self-evaluations in each chapter
  • An abundance of business applications problems that are identical to the type of work performed by employees in the real world
  • A self-contained, cumulative simulation (WoodsideApartments) that lets students gain practical, on-the-job experience before leaving the classroom
  • An option that allows students to use Microsoft Excel Software to complete the Woodside Apartments simulation

INCREASED COVERAGE OF BUSINESS MATHEMATICAL APPLICATIONS

Research indicates that students learn best when they can apply what they are learning to real-life situations. As a result, special effort has been made to choose business mathematical applications problems that are like the ones a typical employee would encounter in the real world. Specific business mathematical applications problems presented in this edition of Office Machines include the following:

Chapter 4
• Check Registers
• Bank Statement
• Reconciliation
• Consumer Payment Cards
• Accounting Forms
• Payroll Records


Chapter 5
• Markdowns
• Cash Discounts
• Compound Interest
• Commissions
• Cost Markup


Chapter 6
• Retail Markup
• Percent of Increase/Decrease
• Statements of Financial Position
• Income Statements
• Straight Line Depreciation


Chapter 7
• Declining Balance Depreciation
• Series (Chains) Discounts
• Invoices
• Simple Interest
• Distribution of Expense

Each of these topics is introduced with a real-life business situation and then thoroughly explained. Finally, examples are used to show students how each type of problem should be worked correctly on an electronic calculator.

TWO CHAPTERS PROVIDE ADDITIONAL INSTRUCTIONAL MATERIAL

For students who want to gain more practical on-the-job experience, two chapters provide additional instructional material in the sixth edition of Office Machines. In Chapter 8, a quick review of basic calculator operations is provided. Then detailed explanations and practice problems for seven advanced business applications are provided, including the following:

  • Statistical Averages
  • Dividend Yield and Stock Earnings
  • Inventory Valuation
  • Financial Ratios
  • Corporate Taxation
  • Insurance Premiums
  • Installment Loans

A self-contained, cumulative simulation (Woodside Apartments) is included in Chapter 9. Woodside Apartments is an 80-unit apartment complex in the North Dallas area. Students are asked to maintain the day-to-day accounting and clerical records required to manage this small business. Specific activities include working with checks and bank deposits, bank reconciliations, invoices, accounting statements, and other jobs that must be completed on a day-to-day basis. The skills required to complete the typical office machines course are reinforced when the simulation is used as a conclusion or capstone activity for the course.

ORGANIZATION OF THE TEXTBOOK

The material in the textbook has been divided into three major parts. Part One, "The Ten-Key Office Machine and Basic Mathematics," reviews the mathematical skills that are necessary for the successful study of business applications, introduces the ten-key touch method of operating a ten-key keypad, and develops speed and accuracy while using the ten-key touch method. There are three chapters in Part One. Part Two, "The Electronic Calculator," provides instructions for basic operations and business applications problems that may be completed on an electronic calculator or computer. There are four chapters in Part Two. Part Three, "Advanced Business Applications," provides a quick review of basic calculator operations, seven advanced business mathematical applications, and a cumulative, self-contained simulation. There are two chapters in Part Three.

Each major part has been divided into flexible chapters that may be used either in a self-paced, individualized instructional approach or in the traditional method of lecture/demonstration. Each chapter contains student objectives, thorough instructions, practice problems, narrative problems, self-checks, and self-evaluation posttests. All of these components are designed to enable the student to successfully complete the material contained in each chapter.

TEACHING MATERIALS

The Annotated Teacher's Edition that accompanies the sixth edition of Office Machines contains Parts One through Three of the student text, with answers provided for all of the problems. It also contains the following resource materials to make teaching as efficient as possible.

  1. Informational material for professors teaching the course
  2. A complete set of test masters that are ready for duplication
    a. Pretest and Posttest for Chapter 1
    b. Form A tests for formal evaluation of both skill and business applications problems
    c. Form B tests for formal evaluation of both skill and business applications problems
    d. Solutions to Pretest, Posttest, Form A Tests, and Form B Tests
  3. Transparency masters that can be used for business applications instruction

A SPECIAL NOTE TO STUDENTS

It's important to begin your office machines course with a basic idea: Office machines don't have to be difficult. In fact, we have done everything possible to eliminate the typical problems that students encounter in an office machines course. Let's begin with an overview of how this text is organized.

Organization of the Text

Take a moment and look at the table of contents. Notice that the first chapter provides review material on basic mathematics. Even if you have never been successful in math, the material in this chapter will help you build a foundation for the skill material and business applications that follow in Chapters 2 through 9.

Chapter Format

All of the features in each chapter have been evaluated and recommended by instructors with years of teaching experience. In addition, office machines students were asked to critique each chapter component. Based on this feedback, the following features are included in each chapter.

Objectives. If you have a purpose for studying the material in each chapter, you will learn more than if you simply wander aimlessly through the text. Therefore, each chapter in Office Machines contains clearly stated learning objectives that signal important concepts.

Introduction. Every chapter in Office Machines begins with an introductory section that provides generic instructions on how to use specific keys on your electronic calculator or computer.

B>Clearly Written Explanations and Examples. We have paid special attention to word choice and sentence structure to help you understand the procedures required to work individual problems. We have also provided examples that illustrate the correct methods to use when working both skill problems and applications problems.

Realistic Practice Problems and Business Applications. As soon as a concept is presented, problems are used to reinforce that concept. Special effort has been made to choose problems that allow you to apply concepts to real-life applications and situations. Answers for selected problems are located in Appendix B.

Self-Checks and Self-Evaluations. Each chapter contains self-checks and self-evaluations, which are provided so that you may verify skills and the attainment of the knowledge required to work business applications problems.

Read More Show Less

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