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 Charles A. Dana Center: Unit III: Finance & Entrepreneurship
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Outflows CASH INFLOWS MINUS OUTFLOW Previous Cash Balance Ending Net Cash Flow Cash Sales are the same as monthly sales, which are determined by multiplying the number of units sold by the price. Other Sales are the sales made to custome...
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Outflows CASH INFLOWS MINUS OUTFLOW Previous Cash Balance Ending Net Cash Flow Cash Sales are the same as monthly sales, which are determined by multiplying the number of units sold by the price. Other Sales are the sales made to customers on a credit basis. For Grape Expectations this is always zero. New Accounts Payable are all costs, fees, and royalties associated with the product or service. This amount will vary according to the amount of product or service sold. Salaries, Wages & Taxes are all salaries
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Expectations. Goal: To gain an understanding <span class="highlight">of</span> a <span class="highlight">cash</span> flow statement and a balance sheet, and to recognize that monitoring <span class="highlight">cash</span> is very important. TEKS Addressed: Mathematical Models with Applications: <span class="highlight">The</span> student is expected to 1A - compare and analyze various methods <span class="highlight">for</span> solving a real&ndash;life problem; 1B - <span class="highlight">use</span> multiple approaches (algebraic, graphical, and geometric methods) to solve problems from a variety <span class="highlight">of</span> disciplines; 2A - interpret information from various graphs, including line graphs, bar graphs, circle
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Unit III: Finance Teacher Notes Section 3: <span class="highlight">The</span> <span class="highlight">Cash</span> Flow Statement and <span class="highlight">the</span> Balance Sheet Mathematical Models with Applications / Entrepreneurship: Keeping Score with Mathematics 105 2. Help <span class="highlight">the</span> students complete <span class="highlight">the</span> <span class="highlight">Cash</span> Flow Statement <span class="highlight">for</span> Grape Expectations by filling <span class="highlight">the</span> columns <span class="highlight">on</span> <span class="highlight">the</span> transparency. A completed statement follows <span class="highlight">on</span> <span class="highlight">the</span> next page. Student Activity 2: Balance Sheet <span class="highlight">for</span> Grape Expectations 1. Ask students to <span class="highlight">use</span> Grape Expectation&rsquo;s <span class="highlight">Cash</span> Flow Statement and oOne-Year Income Statements to
26 0 http://www.utdanacenter.org/mathtoolkit/downloads/models/ent3_finance.pdf#page=26 www.utdanacenter.org/mathtoolkit/downloads/models/ent3_finance.pdf#page=2...
4,277.48 $5,194.98 $6,596.23 Ending Net <span class="highlight">Cash</span> Flow $1,533.12 $2,692.49 $2,642.49 $2,592.49 $2,542.49 $2,734.36 $2,684.36 $2,634.36 $4,277.48 $5,194.98 $6,596.23 $9,448.73 <span class="highlight">Cash</span> Sales are <span class="highlight">the</span> same as monthly sales which are determined by multiplying <span class="highlight">the</span> number <span class="highlight">of</span> units sold times <span class="highlight">the</span> price. Other Sales are <span class="highlight">the</span> sales made to customers <span class="highlight">on</span> a credit basis. <span class="highlight">For</span> Grape Expectations this is always zero. New Accounts Payable are all costs, fees, and royalties associated with <span class="highlight">the</span> product or service. This amount will vary
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in danger <span class="highlight">of</span> going &ldquo;out <span class="highlight">of</span> Business&rdquo;! Basically, you determine <span class="highlight">the</span> total amount <span class="highlight">of</span> <span class="highlight">cash</span> taken into your business as a result <span class="highlight">of</span> sales, minus <span class="highlight">the</span> total amount <span class="highlight">of</span> <span class="highlight">cash</span> spent to run your business. (Formula: <span class="highlight">Cash</span> In &ndash; <span class="highlight">Cash</span> Out = Net <span class="highlight">Cash</span>) <span class="highlight">Cash</span> is not <span class="highlight">the</span> same as sales. <span class="highlight">For</span> example, you may have sold some <span class="highlight">of</span> your product &ldquo;<span class="highlight">on</span> credit.&rdquo; If <span class="highlight">the</span> person pays you late, or not at all, this could get you into trouble since you are continuing to spend money to sell and create your product, but you haven&rsquo;t been paid yet
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Outflows <span class="highlight">CASH</span> INFLOWS MINUS OUTFLOW Previous <span class="highlight">Cash</span> Balance Ending Net <span class="highlight">Cash</span> Flow <span class="highlight">Cash</span> Sales are <span class="highlight">the</span> same as monthly sales, which are determined by multiplying <span class="highlight">the</span> number <span class="highlight">of</span> units sold by <span class="highlight">the</span> price. Other Sales are <span class="highlight">the</span> sales made to customers <span class="highlight">on</span> a credit basis. <span class="highlight">For</span> Grape Expectations this is always zero. New Accounts Payable are all costs, fees, and royalties associated with <span class="highlight">the</span> product or service. This amount will vary according to <span class="highlight">the</span> amount <span class="highlight">of</span> product or service sold. Salaries, Wages &amp; Taxes are all salaries
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Unit III: Finance Section 3: <span class="highlight">The</span> <span class="highlight">Cash</span> Flow Statement and <span class="highlight">the</span> Balance Sheet Mathematical Models with Applications / Entrepreneurship: Keeping Score with Mathematics <span class="highlight">Cash</span> Flow Statement <span class="highlight">for</span> Grape Expectations <span class="highlight">Cash</span> Flow Statement Jan Feb <span class="highlight">CASH</span> INFLOWS <span class="highlight">Cash</span> Sales - Collected Other Sales Total <span class="highlight">Cash</span> Inflows TOTAL <span class="highlight">CASH</span> OUTFLOWS New Accounts Payable Salaries, Wages &amp; Taxes Total <span class="highlight">Cash</span> Outflows <span class="highlight">CASH</span> INFLOWS MINUS OUTFLOW Previous <span class="highlight">Cash</span> Balance Ending Net <span class="highlight">Cash</span> Flow
Egyptian Fractions
called unit fractions. While their mathematical notations allowed for , , and so on, their notation did not allow for or . Instead, they were able to write any fraction as a sum of unit fractions where all the unit fractions were differ...
Classroom Cash Incentive Plan
been supplied below to get your students started. showing up to class on time hand in an assignment on time asking a relative, thought provoking question in class individual attendance record class attendance record quiz score (average over a certain percentage and student/class...
Division of Rational (Fractional) Expressions
Division of Rational Fractions Division of Rational (Fractional) Expressions Topic Index | Algebra2/Trig Index | Regents Exam Prep Center Simply Put: The rule for dividing algebraic fractions is the same as the rule for dividing nu...
Classroom Cash Incentive Plan
to get you started. showing up to class on time hand in an assignment on time asking a relative, thought provoking question in class individual attendance record class attendance record quiz score (average over a certain percentage and student/class earns extra cash) Now...
Every Mother's Son
pov/distributors/links216.inc Buy the Film Buy the video for educational use » Film Update August 7, 2004 According to the Stolen Lives Project, 44 people have been killed by law enforcement in the five boroughs of New York City since M...
Microsoft Word - mathnatperfin011604.docmathnatperfin011604.pdf
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all charges to borrow money, including interest) and the annual percentage rate or APR (i.e., the percentage cost of credit on a yearly basis) must be displayed prominently on forms and statements used by creditors. The law provides criminal penalties for...
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all charges to borrow money, including interest) and the annual percentage rate or APR (i.e., the percentage cost of credit on a yearly basis) must be displayed prominently on forms and statements used by creditors. The law provides criminal penalties for willful violators, as well as civil remedies. It also protects you against unauthorized use of your credit card. If it is lost or stolen, the maximum amount you have to pay is $50. Fair Credit and Charge Card Disclosure Act (1989) A part of the
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alternatives. 2. Information about goods and services comes from many sources. 3. Every spending decision has an opportunity cost. 4. People pay <span class="highlight">for</span> goods and services in different ways. 5. Credit is a basic financial tool. 6. Borrowing money to buy something usually costs more than paying <span class="highlight">cash</span> because there is a fee <span class="highlight">for</span> credit. 7. Responsible borrowers repay as promised, showing that they are worthy <span class="highlight">of</span> getting credit in <span class="highlight">the</span> future. Fourth Grade Application Examples Students could <span class="highlight">use</span> this knowledge to: 1
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National Standards in Personal Finance &copy; 2002 by JumpStart Coalition <span class="highlight">for</span> Personal Financial Literacy Page 5 <span class="highlight">of</span> 18 1/16/04 Eighth Grade Application Examples Students could <span class="highlight">use</span> this knowledge to: 1. Describe <span class="highlight">the</span> advantages and disadvantages <span class="highlight">of</span> spending now rather than saving <span class="highlight">for</span> a future goal. 2. Give examples <span class="highlight">of</span> how saving money can improve financial well-being. 3. Demonstrate skill in basic financial tasks such as paying bills <span class="highlight">on</span> time, balancing a checkbook, keeping financial records, and
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GLOSSARY <span class="highlight">OF</span> TERMS Average Annual Return <span class="highlight">The</span> rate <span class="highlight">of</span> return <span class="highlight">on</span> investments averaged over a specific period <span class="highlight">of</span> time (e.g., <span class="highlight">the</span> last 20 years). It is determined by adding together <span class="highlight">the</span> rates <span class="highlight">of</span> return <span class="highlight">for</span> each year and dividing by <span class="highlight">the</span> number <span class="highlight">of</span> years in <span class="highlight">the</span> calculation. Asset An asset is anything that is owned by an individual. With respect to saving and investing, assets are generally categorized as liquid (<span class="highlight">cash</span>) assets and capital (investment) assets. Banks Corporations chartered by state or federal
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all charges to borrow money, including interest) and <span class="highlight">the</span> annual percentage rate or APR (i.e., <span class="highlight">the</span> percentage cost <span class="highlight">of</span> credit <span class="highlight">on</span> a yearly basis) must be displayed prominently <span class="highlight">on</span> forms and statements used by creditors. <span class="highlight">The</span> law provides criminal penalties <span class="highlight">for</span> willful violators, as well as civil remedies. It also protects you against unauthorized <span class="highlight">use</span> <span class="highlight">of</span> your credit card. If it is lost or stolen, <span class="highlight">the</span> maximum amount you have to pay is $50. Fair Credit and Charge Card Disclosure Act (1989) A part <span class="highlight">of</span> <span class="highlight">the</span>
5 0 http://www.ksde.org/LinkClick.aspx?fileticket=WJJzUaKBxqI%3d&tabid=141&mid=8017&forcedownload=true#page=15 www.ksde.org/LinkClick.aspx?fileticket=WJJzUaKBxqI%3d&tabid=141&mid=8017&...
National Standards in Personal Finance &copy; 2002 by JumpStart Coalition <span class="highlight">for</span> Personal Financial Literacy Page 15 <span class="highlight">of</span> 18 1/16/04 <span class="highlight">The</span> quality <span class="highlight">of</span> an asset that permits it to be converted quickly into <span class="highlight">cash</span> without loss <span class="highlight">of</span> value. Loss <span class="highlight">The</span> negative difference between total revenue from a business or investment minus total expense. Medicare A federal government program <span class="highlight">of</span> transfer payments <span class="highlight">for</span> certain health care expenses <span class="highlight">for</span> citizens 65 or older. <span class="highlight">The</span> Social Security Administration manages <span class="highlight">the</span> program
 Massachusetts History and Social Science Curriculum Framework: August 2003
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about a situation based on information gained from data. Grades 3 and 4 NUMBER SENSE AND OPERATIONS; PATTERNS, RELATIONS, AND ALGEBRA ❚ Exhibit an understanding of the base 10 number system by reading, modeling, writing, and interpreting whole numbers to at least 100,000....
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about a situation based on information gained from data. Grades 3 and 4 NUMBER SENSE AND OPERATIONS; PATTERNS, RELATIONS, AND ALGEBRA ❚ Exhibit an understanding of the base 10 number system by reading, modeling, writing, and interpreting whole numbers to at least 100,000. ❚ Demonstrate an understanding of fractions as part of unit wholes, as parts of a collection, and as locations on a number line. ❚ Select, use, and explain models to relate common fractions and mixed numbers ( 1 ⁄2, 1 ⁄3, 1 ⁄4, 1
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Grades 3 and 4 (<span class="highlight">continued</span>) &#10074; Write an account based <span class="highlight">on</span> personal experience that has a clear focus and sufficient supporting detail. &#10074; Define <span class="highlight">the</span> need <span class="highlight">for</span> information and formulate open-ended research questions; initiate a plan <span class="highlight">for</span> searching <span class="highlight">for</span> information; locate resources; evaluate <span class="highlight">the</span> relevance <span class="highlight">of</span> <span class="highlight">the</span> information; interpret, <span class="highlight">use</span>, and communicate <span class="highlight">the</span> information; evaluate <span class="highlight">the</span> research project as a whole. Grades 5 and 6 READING AND LITERATURE, STANDARDS 8 AND 13: UNDERSTANDING AN INFORMATIONAL
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about a situation based <span class="highlight">on</span> information gained from data. Grades 3 and 4 NUMBER SENSE AND OPERATIONS; PATTERNS, RELATIONS, AND ALGEBRA &#10074; Exhibit an understanding <span class="highlight">of</span> <span class="highlight">the</span> base 10 number system by reading, modeling, writing, and interpreting whole numbers to at least 100,000. &#10074; Demonstrate an understanding <span class="highlight">of</span> <span class="highlight">fractions</span> as part <span class="highlight">of</span> unit wholes, as parts <span class="highlight">of</span> a collection, and as locations <span class="highlight">on</span> a number line. &#10074; Select, <span class="highlight">use</span>, and explain models to relate common <span class="highlight">fractions</span> and mixed numbers ( 1 &frasl;2, 1 &frasl;3, 1 &frasl;4, 1
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Grades 3 and 4 (<span class="highlight">continued</span>) DATA ANALYSIS, STATISTICS, AND PROBABILITY &#10074; Collect and organize data using observations, measurements, surveys, or experiments and identify appropriate ways to display <span class="highlight">the</span> data. &#10074; Match representations <span class="highlight">of</span> a data set such as lists, tables, or graphs with <span class="highlight">the</span> actual set <span class="highlight">of</span> data. &#10074; Construct, draw conclusions, and make predictions from various representations <span class="highlight">of</span> data sets, including tables, bar graphs, pictographs, line graphs, line plots, and tallies. Grades 5 and 6
 Academic Standards-English/Language Arts Grade 11
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including films, newspapers, magazines, CD-ROMs, online information, television, videos, and electronic media-generated images. • select an appropriate medium for each element of the presentation. • use the selected media skillfully, editing approp...
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including films, newspapers, magazines, CD-ROMs, online information, television, videos, and electronic media-generated images. • select an appropriate medium for each element of the presentation. • use the selected media skillfully, editing appropriately and monitoring for quality. • test the audience’s response and revise the presentation accordingly. 11.7.20 Recite poems, selections from speeches, or dramatic soliloquies with attention to performance details to achieve clarity, force, and aesthetic effect and
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1 1 Page 108 Grade 11 English/Language Arts WRITING: Applications (<span class="highlight">continued</span>) 11.5.8 Deliver multimedia presentations that: &bull; combine text, images, and sound and draw information from many sources, including television broadcasts, videos, films, newspapers, magazines, CD-ROMs, <span class="highlight">the</span> Internet, and <span class="highlight">electronic</span> media- generated images. &bull; select an appropriate medium <span class="highlight">for</span> each element <span class="highlight">of</span> <span class="highlight">the</span> presentation. &bull; <span class="highlight">use</span> <span class="highlight">the</span> selected media skillfully, editing appropriately, and monitoring <span class="highlight">for</span> quality. &bull; test <span class="highlight">the</span> audience&rsquo;s
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including films, newspapers, magazines, CD-ROMs, online information, television, videos, and <span class="highlight">electronic</span> media-generated images. &bull; select an appropriate medium <span class="highlight">for</span> each element <span class="highlight">of</span> <span class="highlight">the</span> presentation. &bull; <span class="highlight">use</span> <span class="highlight">the</span> selected media skillfully, editing appropriately and monitoring <span class="highlight">for</span> quality. &bull; test <span class="highlight">the</span> audience&rsquo;s response and revise <span class="highlight">the</span> presentation accordingly. 11.7.20 Recite poems, selections from speeches, or dramatic soliloquies with attention to performance details to achieve clarity, force, and aesthetic effect and
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