BA 275 Business Quantitative Methods

Presents statistical analysis and quantitative tools for applied problem solving and making sound business decisions. Gives special attention to assembling statistical description, sampling, inference, regression, hypothesis testing, forecasting and decision theory.

Credits

Prerequisite

Prerequisite: MTH 241 Calculus for Biological/Management/Social Science or MTH 251 Differential Calculus and, MTH 245 Math for Biological/Management/Social Science with a grade of C or better, and sophomore standing.

Notes

Lower Division Transfer (LDT) Course

Outcomes

Upon successful completion of this course, students will be able to:

Identify the basic conceptual foundations of United States (Federal) tax law. Briefly describe the differences between federal taxation of individuals, corporations, partnerships and sole proprietors. Explain the the gross income concept. Identify itemized deductions and prepare Schedule A, "Itemized Deductions".Î Identify business income and expenses for a sole proprietor and prepare Schedule C, Profit or Loss from Business (Sole Proprietorship). Prepare a basic individual income tax return, Form 1040 including commonly filed schedules. Identify complex tax situations such as passive losses, tax credits, retirement plans, and fiscal years for referral to a tax advisor.