lesson6
Dear Nao,
Thank you for your sixth message. My comments follow.
Sincerely,
Prof. Sue Garreis
Dear Prof G,
Thank you for your reply and corrections of my English.
I will answer your last question.
Homework
1. What is the new cash value on the balance sheet?
→ The new cash value is $20,000. In English words this number is twenty thousand dollars.
2. What is the new value of the long-term assets?
→ The new value of the long-term assets is $70,000. In English words this number is seventy thousand dollars.
3. What is the new value of the total assets?
→ The new value of the total assets is $90,000. In English words this number is ninety thousand dollars.
4. What is the new value of the total liabilities and stockholders' equity?
→ The new value of the total liabilities and stockholders' equity is $90,000. In English words this number is ninety thousand dollars.
Total assets = Total liabilities ＋ Stockholders' equity
5. Please send me the Japanese translation for the following words. Please write the words in romajii.
I'm waiting for your reply.
Sincerely. Nao
Today (Sunday) is Father's Day in the US. It is a day to honor our fathers. This page tells how and when Father's Day started:
http://www.holidays.net/father/story.htm.
The new lesson this week is about the income statement. This is the second financial statement. We have two lessons on the income statement. This is the first lesson: http://www72.homepage.villanova.edu/susan.stiner/cgu/income106.htm