Dear　Prof．Stiner

    Thank　you for your reply!

HOMEWORK

1. What is Net Income if revenues change to $40,000 and all other transactions are same/

   The new Net Income is US$29.626(twenty nine thousand six hundred twenty―six US dollars).

Correct!

The only change I would make is to insert a comma between the　twenty-nine and six hundred twenty-six (29,626), instead of a period.

2.　What is Net income if revenues change to $30,000 and　cost of goods sold changes to $20,000?

   The new Net Income is US$9.626(nine thousand six hundred twenty six UＳDollars)

Correct!  Substitute a comma for the period in the number.

3．What　is Net Income if  revenues are $30.000,cost of goods sold is $10,000,and total operating expenses change to$25,000?

   The Net Loss is US$5,000five thousand US dollars)

Correct!

Vocabulary-Income Statement　(part 2)

 English               Japan

Thank you for the vocabulary list.

Sincerely yours,

 Lin

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