Dear Professor Stiner,

Thank you for your message.

We have bad weather here. Summer is just round the corner, that is why

it rains almost everyday now. It is so nice that you have a garden at home. Back

in my own country, Malaysia. I do have a garden at home. My parents take real

good care of the garden and the flowers are blooming through-out the years.

I love mysteries a lot. I watch a lot of mysteries films back home and

read quite a number of true-crime stories writer by Ann Rule, especially the

terrifying story of Ted Bundy-The stranger Beside me. It is too bad that I could

hardly watch any American's films in Japan, because it only shows here four to six

months after it shows in America. For tape-renting, I have to waits for another

three to four months after it shows in Japan.

These are the answers for Income-Statement Part-1.

1. What is the format for an America Income Statement?

The format for an America Income Statement can be calculated on a First-In,

First-Out and Last-In, First-Out basis.

2. What is the amount of gross margin if Deleware Parts used LIFO, not FIFO, to

value inventory?

The amount of gross margin is 15,000 dollars.

3. English Japanese

Dear Professor Stiner,

Thank you for your message.

We have bad weather here. Summer is just round the corner, that is why

it rains almost everyday now. It is so nice that you have a garden at home. Back

in my own country, Malaysia. I do have a garden at home. My parents take real

good care of the garden and the flowers are blooming through-out the years.

I love mysteries a lot. I watch a lot of mysteries films back home and

read quite a number of true-crime stories writter by Ann Rule, especially the

terrifying story of Ted Bundy-The stranger Beside me. It is too bad that I could

hardly watch any American's films in Japan, because it only shows here four to six

months after it shows in America. For tape-renting, I have to waits for another

three to four months after it shows in Japan.

These are the answers for Income-Statement Part-1.

1. What is the format for an America Income Statement?

The format for an America Income Statement can be calculated on a First-In,

First-Out and Last-In, First-Out basis.

2. What is the amount of gross margin if Deleware Parts used LIFO, not FIFO, to

value inventory?

The amount of gross margin is 15,000 dollars.

3. English Japanese

cost of goods sold Uri-Age-Gen-Ka

first-in, first-out Saki-Ire-Saki-Dashi-Hou

gross margin Uri-Age-Ri-Eki

inventory Shou-Hin-Moku-Roku

last-in, first-out Ato-Ire-Saki-Dashi-Hou

net income Jun-Ri-Eki

purchase Shi-Ire

revenue Sou-Shuu-Nyuu

sale Han-Bai

Sincerly,

Wong

cost of goods sold Uri-Age-Gen-Ka

first-in, first-out Saki-Ire-Saki-Dashi-Hou

gross margin Uri-Age-Ri-Eki

inventory Shou-Hin-Moku-Roku

last-in, first-out Ato-Ire-Saki-Dashi-Hou

net income Jun-Ri-Eki

purchase Shi-Ire

revenue Sou-Shuu-Nyuu

sale Han-Bai

Sincerly,

Wong