The fifth message
Dear Professor Garreis.
Thank you for your reply and corrections of my English.
I will answer your questions.
1. What is a balance sheet?
The financial statement is called the "balance sheet".
2. What is stockholders' equity in the
U.S.?
It is the difference is assets and liabilities.
3. Name one current asset of Oracle in
2005.
Cash and cash equivalents.
I'm waiting for your reply.
Sincerely yours,
Cong Ming