Dear Hiro,

 

Thank you for your fifth message.  My comments follow.

 

Sincerely,

Prof. Sue Stiner

 

s2399067@slb.cgu.ac.jp wrote:

 

Dear Prof. Stiner,

 

You make me so happy.

I was glad to read about your vacation.

 

If I had a vacation, I would go to Choushi Japan.

 

Hiro, I found a webcam for Choushi.  It is at:

http://www.grandhotel-isoya.co.jp/livecam/javaview.htm

 

Is this the Choushi you talked about?  Does it have a lighthouse?  The

ocean looked so peaceful!

 

I'm sorry.

I was sick last week.

 

But I am better now.

 

I'm careful so as not to take a rest hereafter.

I won't miss class again.

 

Hiro, I am sorry to hear you were sick.  I hope you are all well now. If

you are sick, please rest.  Then you will get well fast and come back to

class with lots of energy.

 

In the US, students often email their professors to say they are sick

and will not be in class.  Do students in Japan do that?

 

What do you do to make yourself feel better when you are sick?  When I

am sick, I feel better when I eat chicken soup. 

 

Campbell Soup Company  makes my favorite chicken soup.  This is a page

from the Campbell Soup web site.

http://www.campbellsoup.com/OurBrands/default.cfm

 

Third homework to Sixth send mail.

Now, the answers to this week's homework are:

 

1.The balance sheet is the statement of a business's financial position.

correct

 

2.In the United States, the balance sheet is "classified."

 

This sentence is correct.  But it does not answer the question, "What is

stockholders' equity?"  Stockholders' equity is the owners' share of the

assets.  Stockholders' equity is what is left of the assets after the

liabilities are paid.  It is the net worth of the company.

 

3.Cash and cash equivalents.

correct

 

4.February 2, 2001 is $4,910.

This says that Dell has four thousand nine hundred ten dollars in cash.

Dell has more cash than that.  At the top of the Dell balance sheet

there is a phrase in parentheses: (in millions, except per share

amounts).  That means that six zeros are added to every number in the

balance sheet.  So Dell has $4,910,000,000 (four billion nine hundred

ten million dollars) in cash.

 

5.current portion of long-term debt.

correct

 

6.2000 Year is $50.1.

This says that Nike has fifty dollars and ten cents in current portion

of long-term debt.  Nike has more current portion of long-term debt than

that.  At the top of the Nike balance sheet there is a phrase in

parentheses: (in millions).  That means that six zeros are added to

every number in the balance sheet.  So Nike has $50,100,000 (fifty

million one hundred thousand dollars) in current portion of long-term

debt. 

 

"Current portion of long-term debt" means how much of the long term debt

they must pay this year.

 

7.urikakekin. shisan. taisyakutaisyouhyou. genkin. shihon. ryuudou shisan.

ryuudouhusai. karikata. haitoukin. fukushikinyuuhou. bihin.

Thank you for the vocabulary words.

 

Corolla is so very beautiful.

 

Yes, it is! I hope I can go back next year.

 

I want to see the beach! 

 

I hope you can see it someday.

Sincerely,

hiro

 

The next lesson is at:

http://www72.homepage.villanova.edu/susan.stiner/cgu/balance201.htm

 

This is the second lesson about the balance sheet.  We start a company.

The company makes four transactions.  We make a balance sheet for the

company.

 

I read an online article in CareerJournalAsia. (at

http://www.careerjournal.com/myc/climbingladder/20010613-voigt.html

).

The writer said that it is much more important today for Japanese

workers to know English.  In Matsushita Electric employees must know

English to get promoted.  Do you think it is important to your career to

know English?

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