Publisher's Synopsis
Excerpt from Modern Business Arithmetic, Complete Course
This book provides a year's work in the arithmetic of modern business. All topics which have no reason for inclusion except tradition have been omitted. Topics which have recently acquired importance because of changes that have been brought about in the organization and conduct of business are included. Among the topics so included are Contract Purchases and Installment Payments, Depreciation, Advertising, Insolvency and Bankruptcy, Comparative Statistics to Promote Buying and Selling Efficiency, Profit and Loss by Departments, Finding the Profit and Loss on Each Sale, Factory Costs, Tabulations for the Sales Manager, and the Income Tax.
The illustrations and model forms were chosen with a view to acquainting the student with actual business conditions. The problems were selected from those which actually arise in impor tant business activities, and the methods of solution are those which are used in business practice. Many of the drill exercises are put into ruled forms such as will be met in the business world; and. The student is given practice in the art of presenting business statistics and other material in a neat, concise, and attractive manner. The traditional sequence of topics has been abandoned in some cases in favor of a grouping of topics in which there is a relation of business experience.
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