The Fifth Message

Dear Mitsu,

Thank you for your fifth message. My comments follow.

This page has links to all the lessons for this course.

http://www72.homepage.villanova.edu/susan.stiner/cgu/cgulessons02.htm

Most links are cold. The new lesson and the old lesson links are hot.

The July 4th holiday link is hot.

You can use this page (1) if you are absent from class or (2) to go back

to a lesson at any time.

Sincerely

Prof. Sue Stiner

Mitsuhiro Yamamoto wrote:

> Dear Dr. Stiner,

> > Sorry to hear that Japan's game ended in a draw. Will they play again?

> Today (June 14th) Japan won its game!

Congratulations!

> Finally Japan got through a qualifying round!!!

> All Japanese are very excited.

> I enjoy the World Cup on TV every day.

> How about America's game?

I heard that America won a game and will go on to the next round.

What are the chances that Japan will win the World Cup?

Do you watch the games at home with your family or with friends?

In the US some sports fans like to watch an important game in a sports

bar with friends. Sports bars have huge TVs.

Homework

1. What is a balance sheet?

In the U.S. the balance sheet is "classified."

The balance sheet presents a snapshot of the investing

and financing activities of a firm at a moment in time.

Correct.

2.What is stockholders' equity in the U.S.?

Stockholders' equity is the name for the owners of a corporation.

The stockholders' equity is: the owners' original investment,

net earnings from the business and net loss from the business.

..minus all dividends paid to the shareholders.

3.Name one current asset of Dell Computers.

Cash and cash equivalents of February 1, 2002.

4.What is the value of that current asset? Please write the entire value in US dollars.

Write the entire value in words.

It is $3,641,000,000.

Correct! I assume you can write the words

(three billion, six hundred forty-one million US dollars)

5. Name one current liability of Nike.

6. What is the value of that current liability? Please write the entire value in US dollars.

Write the entire value in words.

I'm sorry. I couldn't find "Consolidated Balance Sheets." It is page 2 of the PDF document.

Please tell me the address.

7.Please send me the Japanese translation for the words in the list below.

Please write the words in romajii.

Thank you for the vocabulary list.

> Mitsuhiro Yamamoto

> E-MAIL mitsu-y@dp.u-netsurf.ne.jp

This week we continue with the balance sheet. We will start an American

company. We will develop its balance sheet.

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