Profit Margin Calculations by erf18734

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									                 METROPOLITAN COMMUNITY COLLEGE
                      COURSE OUTLINE FORM
COURSE TITLE: Financial Calculator Applications

COURSE PREFIX AND NO. FINA 1320 LEC 1                 LAB 0     CREDIT HOURS 1


COURSE DESCRIPTION:
This course teaches the skills necessary to utilize a financial calculator. Such
applications include time value concepts, bond value calculations, statistical applications,
interest rate computations, profit margin determinations, and breakeven analysis.


COURSE PREREQUISITES: None


RATIONALE:
Most students find a financial calculator of great use in many business courses.
However, few students fully understand how to effectively utilize a financial calculator.
While such an instrument does perform many of the same calculations available utilizing
a spreadsheet, the primary advantages of the calculator is that it is inexpensive and easily
portable.


REQUIRED TEXTBOOKS and/or MATERIALS:
Texas Instruments BA II Plus Financial Calculator

Text:          Understanding Your Financial Calculator

Author:        Dalton

Edition:       Kaplan



Attached course outline written by:           Lori Lothringer                      Date: June 2001
Reviewed/Revised by:                                                               Date:
Effective quarter of course outline:          05/FA
Dean                                                                               Date:
                           M. Jane Franklin

Course Objectives, Topical Unit Outlines, and Unit Objectives must be attached to this
form.
COURSE OBJECTIVES/TOPICALUNIT OUTLINE/UNIT OBJECTIVES

TITLE: Financial Calculator Applications                   PREFIX/NO. FINA 1320

COURSE OBJECTIVES:
I.   Identify the fundamental operations of the calculator.
II.  Understand the basic calculator worksheet operations.
III. Review basic time value concepts.
IV.  Employ various capital budgeting techniques.
V.   Demonstrate an understanding of calculator worksheets most commonly utilized
     in financial analysis.


TOPICAL UNIT OUTLINE/UNIT OBJECTIVES:
UNIT I.   Identify the fundamental operations of the calculator.
      1.  Understand how the calculator display and indicators function.
      2.  Utilize various calculator keys and distinguish between calculator modes.
      3.  Learn to clear the calculator and to cancel an operation.
      4.  Demonstrate how to correct and entry error and to reset the calculator.


UNIT II.      Understand the basic calculator worksheet operations.
      1.      Identify available calculator worksheets.
      2.      Explore various worksheet variables.
      3.      Determine how to clear a worksheet.
      4.      Distinguish worksheets that perform financial functions.


UNIT III.     Review basic time value concepts.
      1.      Define future value and calculate the future value of a given sum.
      2.      Define present value and calculate the present value of a given sum.
      3.      Understand the concept of annuities (present value and future value).
      4.      Understand the concept of amortization.


UNIT IV.      Employ various capital budgeting techniques.
      1.      Define and utilize the payback method.
      2.      Define and utilize the net present value method.
      3.      Define and utilize the internal rate of return method.
      4.      Compare and contrast the aforementioned capitol budgeting techniques.
UNIT V.       Demonstrate an understanding of calculator worksheets most commonly
              utilized in financial analysis.
       1.      Utilize the bond worksheet.
       2.      Utilize the depreciation worksheet.
       3.      Utilize the statistics worksheet.
       4.      Utilize the percent change/compound interest worksheet and interest
               conversion worksheet.


               COURSE OBJECTIVES/ASSESSMENT MEASURES

         COURSE OBJECTIVES                         ASSESSMENT MEASURES
Identify the fundamental operations of the   Learning activity, homework assignment,
calculator.                                  and/or test question.
Understand the basic calculator worksheet    Learning activity, homework assignment,
operations.                                  and/or test question.
Review basic time value concepts.            Learning activity, homework assignment,
                                             and/or test question.
Employ various capital budgeting             Learning activity, homework assignment,
techniques.                                  and/or test question.
Demonstrate an understanding of calculator   Learning activity, homework assignment,
worksheets most commonly utilized in         and/or test question.
financial analysis.

Technology Tool: Students will utilize internet resources to explore computer support
materials.

International Dimension: Students will investigate how specific calculator functions
may vary in other countries (e.g. European bond calculations).


								
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