Dear Den,
Thank you for your fourth message. My comments follow.
Sincerely,
Prof. Sue Stiner
Masaki Inden wrote:
> Dear Prof. Stiner,
>
> Thank you for your reply!
> The mail from Prof.Stiner arrived at my home.
> I appreciate all the help you gave me.
>
> FP's an examination subject is two.
> It is written test and a skill test.
There are two parts to the FP examination: a written test and a skill test.
> Test times are one hundred twenty minutes
> and ninety minutes.
Is the written test one hundred twenty minutes?
Is the skill test ninety minutes?
Is the skill test written or oral?
What do you do for the skill test?
A computer is not used.
>
> Maybe, I watched an Atlanta Braves game.
> I'm sorry. I can't remember most.
> I watch Baseball not very well.
What is your favorite sport in Japan?
What is your favorite team?
Who is your favorite player?
Does your team have a website? If yes, what is the URL?
>
> Last week Homework
> How is it different?
> It is an amount of money's size.
>
> Homework
> 1.A.
> Does Japan's Securities and Exchange Commission have a website?
> What is it?
>
> This is the Tokyo stock exchange.
> http://www.tse.or.jp/english/index.shtml
What government agency in Japan regulates the companies that publicly
trade their stocks?
Who makes sure that they give accurate information?
Look at the website for
1. the Financial Services Agency at http://www.fsa.go.jp/ and
2. the Securities and Exchange Surveillance Commission at
http://www.fsa.go.jp/sesc/.
>
> 2.A.
> How many companies listed on the NYSE are not US companies?
There are four hundred sixty companies listed on the NYSE that are not
US companies. The answer is on this page:
http://www.nyse.com/content/faqs/1042235995281.html
>
> There are two thousand eight hundred companies listed on the NYSE.
Correct! This is US and non-US companies together.
>
> 2.B.
> From how many countries do these non-US companies come?
>
> US companies are not from fifty one to four hundred seventy.
The non-US companies come from forty-eight (48) different countries.
The answer is on this page:
http://www.nyse.com/content/faqs/1042235995281.html
>
> 3.A.
> In yen, what is NTT's operating income for the year ended March
> 31, 2003?
>
It is 1,363,557 million yen.
>
> 3.B.
> In millions of US dollars, what is NTT's operating income for
> the year ended March 31, 2003?
>
It is 11,363 million dollars. This is the same as 11.363 billion dollars.
>
> 4.A.
> What financial information does McDonald's of Japan have at
> its website?
>
> It is yahoo japan.
Does the McDonald's of Japan site have
1. financial statements?
2. a dividend history?
3. press releases?
4. information about earnings?
5. information about the stock price?
You do not have to answer these questions for me.
These questions are the ones to ask when you look at the McDonald's of
Japan site.
Ask these questions when you look at the financial information for any
company.
>
> 4.B.
> How does that information compare to the financial information
> at McDonald's USA site?
>
> I'm sorry. I didn't understood.
Was there more financial information on the US site or the Japanese site?
>
> 4.C.
> Have you ever eaten a McDonald's Teriyaki McBurger? Did you
> like it?
>
> Yes, I like Teriyaki McBurger.
>
> 5.
> How does the flow of accounting information over the Internet
> help corporations and investors?
>
> I didn't understood too.
> I'm sorry.
It's ok, Den. The information on the Internet:
1. helps investors decide whether to buy or sell the stock of a company.
2. tells investors about new products and services of the company.
3. tells the investors about the company's plan for the future.
4. helps the investors find out what is wrong with some companies. The
government sites such as the SEC have this information.
5. helps investors learn about trends in the industry. The brokers have
this information at their sites.
>
> Sincerely,
> Den
The new lesson this week is on the first financial statement, the
balance sheet. You can find the lesson at:
http://www72.homepage.villanova.edu/susan.stiner/cgu/balance104.htm