DSST Business Mathematics case studies
DSST Business Mathematics · Put your knowledge to work in context.
The DSST Business Mathematics exam is a credit-by-examination option for students who already handle the arithmetic and algebra of everyday business finance and want college recognition for it. The DSST program is aimed at adult learners, military service members, and anyone seeking to shorten a degree path; schools that recognize the program may award three semester hours of baccalaureate credit for a passing score. The exam is delivered in multiple-choice format, either internet-based or paper-based, at authorized testing centers. Its content spans number sense and business graphs, the time value of money (simple interest, compound interest, and annuities), payroll and deductions, trade and cash discounts with markups, depreciation and net worth statements, and corporate securities including distribution of ownership and stock and asset turnover. The DSST Business Mathematics case studies are 5 cases and about 2,765 words.
1Depreciation Method and Loan Application Net Worth
Rosa owns a bakery and is preparing a net-worth statement for a bank loan. In March she bought a refrigerated delivery van for 38,500.
509 words, about 3 min2Discount Note Versus Ordinary Interest Loan
Northline Landscaping needs exactly 18,000 for eight months to buy a used trailer and mowers. Two financing offers are on the table.
549 words, about 3 min3Semimonthly Payroll and a 401(k) Contribution Increase
Devon is a salaried nonexempt employee paid semimonthly. His gross pay each pay period is 3,240.
577 words, about 3 min4Trade Discounts, Freight, and Markup on Selling Price
Maple & Main, a small clothing boutique, is pricing a new line of winter jackets. The wholesaler's list price is 85 per jacket.
523 words, about 3 min5Valuation, Dividend Safety, and Asset Turnover of Two Distributors
An investor is comparing two publicly traded distributors, Calder Supply and BrightLine Goods, for a retirement account. Calder has net income of 2.4 million, 1.2 million shares outstanding, a market price of 28 per share, annual dividends of 0.84 per share, sales of 18 million, and total assets of 12 million.
607 words, about 3 min