Dear Hata,

　Thank you for your seventh message.

This is the second of two messages from me this week. Both messages are

my reply to your seventh message.

> >Thank you for your message.

> >Last Sunday is Father's Day in Japan,too.

Last Sunday was Father's Day in Japan, too.

I called my father.

I am sure he was! Did you tell him about your courses?

I saw the fish pictures.

> >and Smallmouth Bass.

If I caught a fish, I would catch American eel, carp and smallmouth

bass.

> >Tradition says that we eats an eel no suffering from

> >the summer heat in Japan.

Tradition says that if we eat eel, we will not suffer from the summer

heat in Japan.

> >The format for an American Income Statement is to

> >draw double lines at the end of a financial statement

> >and losses with brackets.

Those are indeed some of the details in an American income statement.

The general format of an American income statement is:

Revenue

less: cost of goods sold

equals: gross margin

less: operating expenses

equals: Net Income (Net Loss)

> >The amount of gross margin is $ 15,000.

Correct!

> >

> >Homework 3:

Thanks for sending your vocabulary list.

I read about an interesting website this week in the Wall Street

Journal. The site is about the Asian Economic Crisis. The site is:

http://www.stern.nyu.edu/~nroubini/asia/AsiaHomepage.html

The article said there were a very high number of hits per day. This is

another example of how accounting and economic information is spread

through the World Wide Web. The English is very complex. You are not

required to read the website. Please go to the site and see the titles

of articles posted there.

Sincerely,

Prof. M. Susan Stiner