# MTH221 - Mathematics

 Semester Winter - 2019 Winter - 2018 Winter - 2017 Winter - 2016 Winter - 2015 Winter - 2014 Winter - 2013 Winter - 2012 Winter - 2011 Schools offering this subject Select school School of Aviation and Flight Technology Last revision date Sep 24, 2018 12:44:33 AM Last review date Dec 3, 2018 12:18:14 AM

Subject Title
Mathematics

Subject Description
.This course focuses on developing practical mathematical skills for both financial and accounting applications. Students will be expected to become conversant in topics that include ratios and percentages, the time value of money, and simple interest, and loans.  In addition students will also be introduced to the fundamentals of financial statement analysis and the concept of depreciation.

Credit Status
One Credit

Learning Outcomes
Upon successful completion of this subject the student will be able to:

. Apply ratios, proportions, and percentages to solve a variety of business problems
2. Convert currency amounts between countries and use exchange rates to determine cost of goods purchased in foreign countries
3. Solve commercial problems involving simple interest, discounts, and partial payments
4. Analyze problems involving the time value of money, compound interest and compound discount, using formulae or a financial calculator
5. Analyze a variety of annuity related financial products such as loans and leases
6. Utilize the language of accounting and identify the uses and the application of accounting information for various users
7. Explain the nature, the general purpose, and interrelationships of the Balance Sheet and the Statements of Income, Retained Earnings and Cash Flow

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Execute mathematical operations accurately.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Analyze, evaluate, and apply relevant information from a variety of sources.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Take responsibility for one's own actions, decisions, and consequences.