Kiwi, I think the figures you have are incorrect. Looking at the most recent Business degree catalog (and the one directly preceding it), for both AS and BS the following figures are given:

Honors/Cum Laude: 3.5
High Honors/Magna Cum Laude: 3.75
Highest Honors/Summa Caude Laude: 3.9

Honors being AS, Latin honors being BS.

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Excelsior, BS Finance, pursuing degree

Studying:

Completed:
CLEP: Hum. (67), Hist. of U.S. I (74), Hist. of U.S. II (71), Intro. Psych. (69), Intro. Soc. (72), Soc. Sci. and Hist. (74), Western Civ I (72), Western Civ II (70), Am. Lit. (60), Intro. to Educ. Psych. (62), P. of Management (74), P. of Market. (74), Intro. Bus. Law (67), P. of Accounting (60), AmGov (68)
DSST: Ethics in Am. (76), P. of Super.(67), HRM (65), Intro to Bus. (70), MIS (65), P. of Fin (62), M&B (65), P. of Stat. (68)
ECE: OB (B)
TECEP:: IntFin, SecAna

Total Credits: 114