Dear Dr. M. Susan Stiner,

Thank you for your reply.

Hello, Dr. M. Susan Stiner. I'm sorry that I'm late for your questions

last week. I studied your questions this week. I reply to your

questions.

1. The equation is Assets = Liabilities + Stockholders' Equity.
 
 

2. The stockholders equity is the owners' original investment and the net

earnings from the business for each year the company has been in

business.
 
 

3. I didn't find assets of Aspect Telecommunications.
 
 

Dr.S; When you clicked on the Aspect link, did it work?

If you go to this page ,you will find the balance sheet.

Assets are listed first. These are all the assets of Aspect

Telecom:

Current assets:

Cash and cash equivalents

Short-term investments

Accounts receivable, net

Inventories

Other current assets

Long-term assets:

Property and equipment, net

Intangible assets, net

Other assets
 
 

Sorry the link didn't work.
 
 

4. I have heard of Toys R Us. The store is in Kashiwa City.
 
 

It's a big store with a sale everyday. I chose long-term debt.

P.S Please read "I'm sorry".
 
 

Dr. S: I did. It was an excellent answer. Sorry I didn't check my email all

week. I replied and I hope you have already received my response. I

should have responded sooner.
 
 

Sincerely yours,

Aki

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