ISABELA STATE UNIVERSITY

Cauayan Campus

FM GE ELEC 1
Activity #2

Name/s: _BERNADETH KATE M. GO & KAREN JOY S. BAJO_

Course/Year/Section: BSBA 2B

 Find a pair.
 Discuss the uses of Mathematics to Business and give example/s.
 Fill in the table below:
Field of Use/s to Business Example/s
Mathematics
ACCOUNTING 
Accounting is essential to running a Management accounting reports include
business because it allows you to accounts receivable aging, inventory
track income and expenses, levels, monthly sales, and accounts
maintain statutory compliance, and payable status, to name a few. Budgets
offer quantifiable financial and forecasts are also prepared using
information to investors, internal accounting reports.
management, and the government
that can be used to make business
choices.

INVENTORY
MANAGEMENT Inventory management aids
businesses in determining which
goods to order and when to order
it. It keeps track of merchandise
from purchase to sale. The practice
monitors and reacts to trends to
guarantee that there is always
enough stock to satisfy client orders
and that shortages are detected
early.
A soap producer has already made a
batch of soaps to distribute to various
retail locations. Given the heavy
consumption of soaps, it reorders raw
materials to start manufacturing the
following lot. In this case, the raw
materials ordered in advance serve as
the company's inventory.

MARKETING 
The goal of marketing is to produce
income for a firm, organization, or
brand. In direct collaboration with
their sales team, marketing
professionals and teams achieve
In a nutshell, it is an action made to
draw attention to a company's offerings,
which can be tangible goods for sale or
services provided. Television ads,
billboards on the side of the road, and
 this through executing strategic
digital activities that create traffic,
qualified leads, and sales.
SALES
FORECASTING  Forecasting sales brings value to a
company's bottom line. Estimates
are used by finance to set budgets
for capacity plans and hiring, and
sales forecasts are used by
production to plan their cycles.
FINANCIAL
ANALYSIS Financial analysis is used to assess
economic trends, formulate
financial policy, develop long-term
company goals, and find potential
investment projects or firms.
 When to Submit: March 17, 2022
magazine adverts are all instances of
marketing at work.
Despite the fact that the phrases
forecast and prediction are sometimes
interchanged, the evening news
provides a weather "forecast" rather
than a weather "prediction.
An example of financial analysis is
analyzing a company's performance and
trends by calculating financial ratios
such as profitability ratios, which include
net profit divided by sales and indicates
the profitability of a company, allowing
us to assess the company's profitability
and profit trend, as well as other ratios
such as liquidity ratios, turnover ratios,
and solvency ratios.
8:30 A.M.