Lesson5 


Dear Professor Garreis,

Hello.

Thank you for your reply and corrections of my English.

I will answer your last questions.

In addition, I send it from my PC this time.
>How did you send your messages before?
>Please continue to send messages from your PC.

The First message’s answer
1. Can you study on the train?
>No, I cannot do that because it is too congested.

The fourth homework
1. What is a balance sheet?
> The balance sheet has assets, liabilities and stockholders' equity on the same page.
>> Correct.

2. What is stockholders' equity in the U.S.?
> The stockholders' equity is the Shareholders' equity.
>> Correct. It is the owners' share of the assets.


3. Name one current asset of Oracle in 2014.
> Cash and cash equivalents. 
> Correct.

4. What is the value of that current asset?  Please write the entire value in US dollars.  Write the entire value in words.
> Cash and cash equivalents in 2014 is $14.613.000.000 (fourteen billion six hundred and thirteen million).
>> Correct.

5. Name one current liability of Nike in 2014.
Current portion of long-term debt (Note 8).
>>Corrent.

6. What is the value of that current liability?  Please write the entire value in US dollars.  Write the entire value in words.

> Current portion of long-term debt in 2014 is $57.000.000 (fifty-seven million US dollars).
>>Corrent.

7. Please send me the Japanese translation for the words in the list below.  Please write the words in romaji.

accounts receivable → urikakekin
assets → shisan
balance sheet → taisyaku taisyouhyou
cash → genkin
credit → kaikakekin
current asset → ryuudou shisan
current liability → ryuudou husai
debit → karikata
dividend → haitou
double-entry → hukushiki
equipment → setsubi

Thank you for the vocabulary list.

8. How easy was this lesson for you?
> The accounting was: Somewhat hard.
> The English was: Somewhat hard.
>>Thank you for your feedback.

I’ m waiting for your reply.

Sincerely,
Yuu.


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