Lesson 8



Dear Prof. Sue Garreis:

I'm sorry that I got wrong the number of last message. It should be the
eighth message (I wrote the ninth message).
The content is the same.

=> no problem.

Dear Emily,
Thank you for your eighth message. My comments follow.

@


Thank you for your reply and corrections.
Dalian where I live in China is a city nearby the sea. There are several
beaches,
but, the sand on the beach is with many pebbles.
but the sand on the beach has many pebbles.
I have been to Sanya, a city in the Hainan Island, the south of China. The
sea sight is really beautiful. I have been to phuket in Thailand, the sea
there is very shallow, like a big bath.

=>You have experienced much of the Pacific! Have you been to the seaside in
Japan?

Itfs now a muggy weather in Japan. It seems to be hotter later.

=>Oh, my goodness! It is very muggy here too. I cannot stand weather like
this. I spend most of the day indoors. It is hard for me to breathe when the
weather is so muggy and hot. My favorite season is autumn. It is cool then,
and the leaves are so colorful. What is your favorite season or time of
year?


Homework:

1. What is Net Income if revenues change to $40,000 and all other
transactions are the same?
@Net Income is $29,346.
=>Correct.

2. What is Net Income if revenues change to $30,000, cost of goods sold
changes to $20,000 and operating expenses are the same?
@Net Income is $9,346.
=> Correct.
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?
@It turns to Net Loss. Net Loss is $5,000.
=> Correct.

4. How easy was this lesson for you?
The accounting was: About right.
The English was: About right




Vocabulary - Income Statement (Part 2)
=> Thank you for the vocabulary list.

Sincerely,
Emily


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