Lesson 8



Dear Yuki,

 

Thank you for your eighth message. My comments and corrections follow.

 

Sincerely,

 

Prof. Sue Garreis

 

 

 

Prof. Susan Garreis,

 

Hello.

Thank you for your reply and corrections of my English.

I will answer your questions.

 

 

>Do you sing while your sister plays her clarinet?

I don’t sing.

I've never heard her play an instrument.There is a music recital in three months.

She plays the clarinet. I’m going to see it.

Really looking forward to it.

>That will be wonderful!

>There is music playing in the background as I write this.

>While the car is repaired, I write this from a nearby fast food restaurant.

>Here's the link for the restaurant: http://arbys.com/?cid=ppc_AO_1132012

>The Pecan Chicken Sandwich was tasty.

>They are playing the music I heard as a teenager.

>I heard a song called Rock Around the Clock often. Here's a YouTube video: http://www.youtube.com/watch?v=N-qjc17KEsc

>Ignore the commercial that plays first.

>The man introducing the song was Dick Clark. He had a very famous dance show. I watched it on TV as often as I could!

 

 

What is the feature in your town?

>In my tiny town of Arnold, Maryland, there are many small beaches for boating and swimming.

>My neighborhood has a small beach. I do not swim or go boating.

>Sometimes I go to the beach to look at the water, especially at sunset.

>My town has a lovely bike trail. Many people walk, jog, or ride a bike along the trail.

>Arnold also has a two-year college. Here is its link:

 http://www.aacc.edu/businessataacc/defaul

Its wonderful!

It is very good that there is a beach nearby.

That is my desire.

 

 

My favorite place is Grandmother's house.I always go there in long vacation.There is about an hour's drive from home.Many delicious foods come out going there.I love to visit there!

>How wonderful to visit your grandmother!

>I am sure she loves your visits.

Yes, She always welcomes me.

 

 

What is your favorite summer food?

>My favorite summer food is ice cream.

>On a hot day it cools me off fast.

>My favorite flavor of ice cream is butter pecan.

 

What kind of thing is butter pecan?

>Butter pecan ice cream has a very pale brown color.

>It tastes sweet. A pecan is a nut. There are pecans in the ice cream.

>Here is a picture of a scoop of butter pecan:

http://www.breyers.com/product/detail/113827/butter-pecan

 

 

Where is your favorite place?

> My favorite place to get ice cream is a store called Brusters.

>Here is a link: http://www.brusters.com/

>My favorite place to go in the summer is the mountains. It is cool!

>Here is a link to the mountains in western Maryland. Just look at the pictures. Do not translate the whole page. http://www.mdmountainside.com/.

 

I also love ice cream.

I eat three ice creams every day in summer.

My favorite flavor of ice cream is “cookies & cream” and “Strawberry Shortcake Serenade (Cold Stone)”.

Cold Stone web site:

http://www.coldstonecreamery.co.jp/menu/original_creations/sweetcream.php#sss

>We have Cold Stone Creamery here, too.

>They have delicious ice cream.

>Both of your favorites sound delicious.

 

 

Our weather is very hot and humid now.That is typical.We also have sudden intense thunderstorms.That is unusual.I long for cooler weather.What is the weather in Japan now?

Japan is hot and humid in the rainy season.

 

 

A weed grows, my house becomes like vacant lot.

>I won't change the grammar and punctuation on this sentence one bit. It sounds like a non-traditional haiku. The image is marvelous!

>My yard is in the same shape!

 

 

This past week I visited a town called Bethany Beach, Delaware.There is a totem pole at the entrance to the town.Here is a picture of the totem pole:

http://www.townofbethanybeach.com/index.aspx?NID=325.A totem pole is a carving of figures important to Indians (native Americans).Nanticoke Indians used to live on this land.

Its a very beautiful place!

 

What kind of experience did you have there?

>I had a great experience there.

>We visited two gardens in the area. We admired all the flowers at my friend's house.

>We ate delicious food at her house. Each of us brought something.

>In the late afternoon we went to the beach. We ate snacks and drank wine on the beach.

>I stayed one night. The other women stayed two nights. It was great!

>It was a wonderful, relaxing experience.

 

 

A friend has a house in Bethany Beach.She took a few of us to see two gardens.One garden was Lavender Fields. Here is a link: http://www.lavenderfieldsde.com/.Just look at the pictures.Do not translate the whole page.It is the only lavender garden in Delaware.The grounds were beautiful!

There is very beautiful place!

I want to live in such a place.

>Me, too!

 

 

The other garden was a private home.The couple have three acres.They planted many trees and flowers.The lilies were especially beautiful.

 

Some of the lilies are taller than I am! (I am five feet tall - about one and a half meters.)Here are some pictures of lilies:

http://www.edenbrothers.com/store/perennials-lilies.html?gclid=CKC93MG2jbgCFc-f4AodD0kA6A.

That's amazing!

 

 

 

Sincerely yours,

 

Yuki

 

 

<Homework>

1.    What is Net Income ifrevenues change to $40,000 and 

all other transactions are the same?

When applied to the above conditions, net income is $29,446.

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?

When applied to the above conditions, net income is $9,446.

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?

When applied to the above conditions, a net loss of $ 5,000 will occur.

Correct! We write the net loss as ($5,000). We use parentheses to emphasize the negative number. It is too easy to overlook a minus sign.

 

4.    How easy was this lesson for you?

The accounting was About right.

The English was Somewhat hard.

Getting to and using the linked web pages was Somewhat hard.

 

>Thank you for your feedback.

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Attached are three files for the new lesson.

The next lesson is about the Statement of Cash Flows.

This is the last financial statement required under US GAAP.

 

The file with the lesson is Cash Flow Statement (2013).

The file called AbbottCashFlow2012 has the Cash Flow Statement for Abbott Laboratories.

The file called LeviStraussCashFlow2012 has the Cash Flow Statement for Levi Strauss Company.

Both of these statements are used in the lesson.

 

Last Thursday was the Fourth of July. It is a very important holiday in the US.

It is our Independence Day. We celebrate the founding of our country on that day.

 

We celebrate with a holiday from work and summer school.

We celebrate with fireworks. Here is a YouTube video of the fireworks in New York City: http://www.youtube.com/watch?v=jANE7HoDYV0.

Every major city has a fireworks display. Most small towns have them too.

Many families set off fireworks in the streets in fronts of their homes.

 

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