Dear Prof. Stiner,
Thank you for your reply and your
corrections of my English.
> > What will be the topic of your
presentation?
It will be about "What I learned from
an internship."
I may do a presentation about it.
> > Do you have a homepage for
yourself at Chuo Gakuin? If so, what
is the URL?
No, I don't. I'll make a homepage at Chuo
Gakuin from November 2001 to January 2002.
I bet your homepage will look really
nice. Please send me the url when
you make your homepage.
Homework Answers,
1. Because U.S. investors respond to changes
in cash flows.
Stockholders
study cash flow to predict dividends and the long-term health of the company.
Cash
flow information helps creditors decide if the borrower can reply the loan.
Correct!
2. It's an Operating Activities. In direct method,
cash flow by Operation Activities are analyzed by the Balance Sheet.
Indirect
method stars with Net Income on the Income Statement.
Cash
transactions omitted from income are included.
Non-cash
transactions included in income are removed.
Correct!
3. Parent-only funds flow statements have
been required in annual securities reports but outside of the section of
financial statements.
The concept of funds is based on a
narrower view, which limits the funds only to cash and cash equivalents.
Correct. The cash flow statement is not required.
Sincerely,
Yoshi