Dear Rika,

Thank you for your fourth message. My comments follow.

Sincerely,

Prof Sue Stiner

>Dear Dr. Stiner.

> > Did your older sister finish college?

> No，she　did．

> > Will your younger sister go to college?

> Yes，she　will．

> > What was your favorite attraction?

> My　favorite　attraction　is　Journey　to　the　Center　of　the　Earth．

> This　is　ａ　roller　coaster

Is The Journey to the Center of the Earth a fast roller coaster?

> > Were there water rides in the Park? Did you get wet?

> Yes，　there　were．　　No，Ｉ　did．

> It’s　use　ａ　lot　of　water　in　the　Park．

> > What is your favorite　food when you eat at home?

I like curry and potato salad.

Sounds delicious!

> Home　garden　vegetables　are　fresh．

Home garden vegetable are the best!

What　quilt　is　like　blanket？　What　quilt　is　Japanese　”futon”？

A quilt is a blanket that is very warm. It is not as thick as a Japanese futon.

> Homework:

> 1. How is the U.S. Securities and Exchange Commission different from Japan's Securities and Exchange Commission?

>　　　Please　give　me　a　time．　

> 2. How are American stock exchanges different from Japan's stock exchanges?

> 　　Please　give　me　a　time．

> 3.A. In yen, what is NTT's operating income for the year ended March 31, 2001?

> 　　It　is　834,806,000,000　yen．

> 3.B. In millions of US dollars, what is NTT's operating income for the year ended March 31, 2001?

> 　　　It　is　$6,787,000,000．　

> 4.A.　　What financial information does McDonald's of Japan have at its website?

It has the balance sheet and income statement from last year.

　 There　are　recently　business　condition　and　profit　 information．

> 4.B.　　 How does that information compare to the financial information at McDonald's USA site?　

> 　　　McDonald's　USA　site　can　look　first　income　statement．

> 　　　　McDonald's　of　Japan　site　can　look　events　and　food　 information　at　first．

> 　　　　Each　net　income　are　10,186,000,000　and　$1,636,600,000．

> 5.　　　 How does the flow of accounting information over the Internet help corporations and investors?

> 　　　　It　is　financial　status　of　corporation　communicate．

> 　　　　It　use　accounting　data　investment　or　financing

> Sincerely，Rika

Your answers are correct. I know these were hard questions.

This week's lesson is about the first financial statement: the balance

sheet. See the lesson here: http://www72.homepage.villanova.edu/susan.stiner/cgu/balance102.htm