Dear Taka,
Thank you for your fifth message. My comments follow.
You will find the next lesson at:
http://www72.homepage.villanova.edu/susan.stiner/cgu/balance22k.html
Sincerely,
Prof. Sue Stiner
shouhei takayama <s2398475@slb.cgu.ac.jp> wrote:
> Dear Dr, Stiner
>
> Thank you for your message.
> How are you getting along?
Very well, thank you. How are you doing?
> I will answer the questions in your "reply to fourth message".
>
> > 1. What is a balance sheet?
> The Balancd sheet is the statement of a business's financial.
The Balance Sheet is the statement of a business's financial position on a
certain date.
> > 2. What is stockholders' equity in the U.S.?
> The stockholder's is the owners' original investment puls net earnings
> from
> the business minus dividends.
"stockholder's" should be "stockholder's equity." "Puls" should be "plus."
The definition is correct. It is the owner's share of assets after all
liabilities have been paid.
> > 3. Name one long-term asset of Arrow Electronics.
> Sorry, I can not access the Arrow Electronics's blance sheet homepage.
Why not? How many times did you try? Please try again. What error message
did you get when you tried? The link is correct. Perhaps the server was down
for maintenance when you tried. Remember, when it is day in Japan it is night
here. Servers are maintained at night.
> > 4. What is the value of that current asset?
> Current asets are assets available as cash, or converted to cash, within
> one year.
That is a correct definition of current assets.
> > 5. Name one current liability of Nike.
> The neme is Redeemable Preferred Stock.
Redeemable Preferred Stock is a long-term liability. It is not a current
liability. Items above the "total current liabilities" line are current
liabilities. The first one that Nike lists is "Current portion of long-term
debt." That means how much of the long term debt Nike has to pay this year.
> > 6. What is the value of that current liability?
> Current liabilities are usually obligations that must be paid within
> one year.
That is a correct definition. What is the value of the current portion of
the long term debt for 1999 for Nike?
> > 7. Please send me the Japanese translation for the words in the list
below.
> Please write the words in romajii.
Thanks for sending the vocabulary list.
>
> And
> http://www.dupont.com/corp/ir/99/ar1999.pdf
> I'm sorry.
> I cannot access this homepage.
I think you do not have Acrobat installed on your computer. Perhaps we could
experiment with that this year.
> the lesson was very help that I understand accountinges.
The lesson helped me to understand accounting.
> Thank you for the lesson.
>
> The rainy season set in these days here,
The rainy season is here.
> The Japan's rainy season is very damp.
Japan's rainy season is very damp.
> I am weak on the damp.
The dampness makes me ill.
> Does your inhabittine place exist the rainy season?
No, we do not have a rainy season as you do. Other parts of the US have a
rainy season, but it is still not as bad as yours. This year, however, we
have had much rain. That makes the mold grow. That makes my allergies very
bad. I take lots of medicine this year!
> Japan have the changes of the seasons, and they are rather clear;
> spring, summer, fall and winter.
Our change of seasons is less clear every year. We hardly have spring any
more. It goes right from winter to summer. I do not like that.
> A view as it changes from season to season is marvelous to see.
> If, It is this.
> Which seasondoyoulike best?
> I like winter.
> Becouse, I pley ski.
> Winter is seasons for ski.
I like winter best because I ski. Winter is the season for skiing.
I like fall best, because the colors are beautiful, the days are cool and the
nights are good for sleeping.
> I'm lookine forward to your reply.
>
> Sincerely,
> Taka
> (Syouhei Takyama)
Taka, today is Father's Day. It is a day we honor our fathers. Later today I
will call my father. Here is a web site on Father's Day:
http://www.holidays.net/father/
Is there such a holiday in
Japan? How do you celebrate it?