The eighth message
My favorite ice cream is vanilla.
My favorite food in the rainy season is Gyouza (Japanese name).
It is a meat dumpling and chicken soup.
My favorite season is winter, because I like snow. It does not snow in my country.
I saw a snowfall after I came to Japan.
Homework:
1. What is Net Income if
revenues change to $40,000 and
all other transactions are the same?
Net Income=$29,629.
2.What is Net Income if
revenues change to $30,000 and
cost of goods sold changes to $20,000?
Net Income=$19626
It should be $9,626. Revenues are $30,000. Cost of Goods Sold is $20,000. Gross Margin is $10,000. Total Operating Expenses are $374.
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?
Net loss=$5,000
This week we had a lot of rain for four days in a row. This is a graph of the rainfall in Maryland:
http://www.baltimoresun.com/news/weather/bal-raingraphic0628,0,4217408.graphic?
Coll =bal-weather-headlines
Our basement flooded. It was not fun to pump out water at 11 p.m.
Fortunately, not much was damaged. We were lucky. The basement is dry
now. We had more rain tonight. We had hail, lightning and thunder with
the rain. Fortunately, it was a short rain.
My daughter, Kate, and my second granddaughter, Emily, are visiting us
for a few days. Kate helped a friend move to Greenbelt Maryland. It is
not far from here.
On Saturday, Tim and I visited an old friend of Tim's. They went to elementary school together. Tim's friend and his wife celebrated their fiftieth wedding anniversary. They are still a happy couple. It was a wonderful party.
Tuesday is July 4. It is our nation's birthday. See this page:
http://www72.homepage.villanova.edu/susan.stiner/cgu/July4th.htm
for some information on our nation's special holiday.
The next lesson is a summary of what we did in the first half of the class.
It is here:
http://www72.homepage.villanova.edu/susan.stiner/cgu/summary106.htm