lesson11
Dear Tomo,
Thank you for the thirteenth message. My comments follow.
Welcome back!!
Sincerely,
Prof. Sue Garreis
Tomo wrote:
Dear Prof. G:
I sent in my message too late.
I'm sorry.
Tomo, your message was not too late. You were in the hospital. It is ok to send your
homework later.
Thank you for your reply and corrections of my English.
I will answer your last question.
What is the legend? Did you go to hot springs there?
Legend…It is my mistake.
My friends talk to everyone.
Tomo, I think this is what you meant.
My friends and I entered the hot spring together.
Is this the same as the Chiba Prefecture?
No. It is going to be wrong.
What did you eat at the barbecue?
I ate meat and vegetables and fruit.
Did you ride the roller coasters? They look scary!
Yes, I did. That is why I went there.
You are brave!
Homework:
1. Why is the Statement of Cash Flows important to U.S. users of accounting information?
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?
b. in investing activities?
c. in financing activities?
3. How do Japanese companies report their changes in cash during the year?
Answer:
1.U.S. companies do not have a guaranteed source of cash. The borrowers must make the lenders believe that the loan is a good risk.
Correct!
2.b, in besting activities.
There is a difference in the operating activities.
The main difference in the operating activities section is that the direct method looks at all non-cash accounts to see the source of cash in and cash out. The indirect method increases or decreases the accrual basis net income to adjust for non-cash items included in it.
3.Japanese companies is midle the settlement of accounts report Presentation.
Japanese companies have a similar presentation for cash flows.
Sincely,
Tomo