Dear Professor Stiner.

Thank you for your message and English corretion.

October 10^th, Japan is a public holiday of "Taiikunohi" .

Because long time ago the Olympic Games an opening ceremony.

"Taiikunohi" is any people are some sports any place.

And any people think my health.

Some school are sports festival.

This day always beautiful weather the mystery.

Homework answer

1. Because American investors respond to changes in cash flows.

Stockholders study cash flow to predict dividends.

Cash flow information helps creditors decide if they will be repaid.

U.S. creditors will not lend funds if ther believe they cannot recover them.

　

2. Direct is independently analyzes each balance sheet account for changes caused by cash transactions.

Indirect is starts with Net Income on the Income Statement.

Cash transactions omitted from income are included.

Non-cash transactions included in income are removed.

This is a "reconciliation to Net Income"

　

3. Japanese companies use statement of cash flows too.

The can know their changes in cash during the year from this statement.

See you next message.

Have a nice weekend.

Sincerely yours,

Miyu

Dear Miyu,

Thank you for your message.

We have had a week of beautiful autumn weather, with cool nights, sunny days with blue skies, and the leaves turning red and gold.

Sincerely,