Dear Den,
Thank you for your eleventh message. My comments follow.
Sincerely,
Prof Sue Stiner
Masaki Inden wrote:
> Dear Prof. Stiner,
>
> Thank you for your reply!
>
> Is he a singer?Does he play an instrument?
>
> His part is a snare drum and a percussionist.
>
> Does he have a web site?
>
> It is here.
> http://www.j-two.co.jp/p_NI.html
Nice web site!
I have information.
Ken was in a car accident.
>There is no injury.
> Therefore, he cannot send mail today.
So sorry to hear he was in a car accident. So glad to hear he is ok.
Say hi for me.
Sincerely,
Prof. Sue Stiner
>
> Homework
>
> 1.Why is the Statement of Cash Flows important to U.S. users of
> accounting information?
>
> Because, Stockholders want the main business of the company to increase
> cash.
> Healthy cash flow means a company receives more cash than it spends.
> Healthy cash flow makes the company very stable today.
> Healthy cash flow lets the company grow in the future.
> U.S. investors respond to changes in cash flows.
Correct!
>
> 2.Look at the table that compares the direct and indirect methods.
> What is the main difference between the indirect and direct methods:
>
> a.in operating activities?
>
> The direct Method Independently analyzes the changes that cash
> transactions cause in each balance sheet non-cash account.
>
> The indirect Method Starts with Net Income on the Income Statement.
> Cash transactions omitted from income are added.
> Non-cash transactions included in income are removed.
Correct!
>
> b.in investing activities?
>
> It is no differences.
There is no difference.
>
> c.in financing activities?
>
> It is no differences.
There is no difference.
Correct!
>
> 3.How do Japanese companies report their changes in cash during the
> year?
>
> Cash flow of Japan is the same as the United States from 1999 year.
Correct.
>
> Sincerely,
> Den
What was the most interesting thing you did this week?
The new lesson is here:
http://www72.homepage.villanova.edu/susan.stiner/cgu/CPArole04.htm
This week we talk about the role of the CPA in the United States.