Dear Professor Garreis,
Thank you for your reply and corrections of my English.
I will answer the homework.
1.What is a balance sheet?
→It is a financial statement that shows a business's financial position at one moment in time.
The balance sheet has assets, liabilities and shareholder's equity.
2.What is stockholders' equity in the U.S.?
→It is owners' share of the assets and retained earnings, and U.S. government does not demand legal reserves.
3.Name one current asset of Oracle in 2005.
→One of the current assets of Oracle in 2005 is cash and cash equivalents.
4.What is the value of that current asset? Please write the entire
value in US dollars. Write the entire value in words.
→The cash and cash equivalent was 3,894 million US dollars. It is three billion eight hundred ninety-four million US dollars.
5.Name one current liability of Nike in 2005.
→One of the current liabilities of Nike in 2005 is income taxes payable.
6.What is the value of that current liability? Please write the entire value in US dollars. Write the entire value in words.
→The income taxes payable is 95.0 million US dollars.
It is ninety-five million US dollars.
7.Please send me the Japanese translation for the words in the list below. Please write the words in romajii.
[vocabulary list omitted]
I'm waiting for your reply.
Sincerely.
Atsushi