Dear Hata,

Thank you for your eleventh message. My comments follow.

Sincerely,

Prof. S. Stiner

Hata wrote:

>

> >Dear Dr. M. Susan Stiner.

> > Thank you for your message.

> >I know "playoff ",because I like the best of NBA.

> >NBA is put of the opening game this year(1998-1999).

The NBA put off the opening game this year (1998-1999).

> >I sad it.

I am sad about that.

Hata, you and millions of Americans are very sad about the NBA delay to

the start of the season. They cancelled the games until Nov. 16! The

games missed will not be made up later. Many fans here are very sad.

Perhaps some will play "In The Zone" (http://www.step-pro.com/). Maybe

more people will spend time here, http://www.socalhoops.com/toc.htm.

SoCalHoops seems to have everything about basketball! Have you seen

this site?

We have playoffs in the winter (December-March).

> >

> >Thank you, Dr. M. Susan Stiner.

> >You told me what is "Huntington".

> >I couldn't play hunting. I will wish hunting this town.

• >
• > >Homework:

> >

> > 1, Cash flow information helps creditors decide if

> > they will be repaid.

> >

> > 2, The main difference between the indirect and direct

> > methods is "Operating Activitise","Most commonly used by

> > companies",and "Method recommended by FASB(Financial

> > Acounting Standerds Board).

> >

> > Direct of operating activities is balance sheet account.

> > Indirect of operating activities is starts with Net Income

> > on the incom statement.

> >

> > Most commonly used by companies;

> > Direct is No.

> > Indirect is Yes.

> >

> > Method recommended by FASB;

> > Direct is Yes.

> > Indirect is No.

> >

> > 3, I'm sorry, I'm not understand.

Hata, Japanese firms do not use cash flow statements. Instead, the cash

activity is reported in what Americans would call a footnote. The

article said that Japan is thinking about developing a statement similar

to the U.S. Statement of Cash Flows. As countries enter markets of

other countries, our different accounting standards are a source of

trouble. All countries are changing their standards slowly. Their

accounting will be more alike. This will make trade and investing with

other countries easier.

> >Hata

Prof. M. Susan Stiner