Dear Professor Garreis,
Thank you for my reply and corrections my English.
Have a nice summer vacation.
The Japanese people do not feel ashamed of their country.
>I hope the Japanese people are very proud of their country.
It is a wonderful one, with marvelous accomplishments for thousands of years.
They are convinced that holidays should be a holiday not going to school or work.
>I agree!
The biggest holiday in Japan is New Year’s Day.
We celebrate the New Year on January 1
New Year’s Day is called “GANNTANN”
When the year breaks, I will go to “HATUMOUDE”
HATUMOUDE is going to pray for a year of good luck to a temple or shrine.
>What shrine do you go to for Hatsumoude?
Are the lines long? Next time you visit, I hope you get good luck.
Lesson
1, Why is the Statement of Cash Flows important to U.S. users of accounting information?
Because the third principal financial statement is the statement of cash flows.
This statement resorts the net cash flows relating to operating, inventory, and financing activities for a period of time.
2, Look at the table that compares the direct and indirect methods.
a,There are direct and indirect methods of sales activities, the indirect methods is the work of omittinfg the calculation process of the next income statement.
>I will accept answer.
b,Investing activities is direct methods .
>there is no difference in the direct and indirect methods for determining investing activities.
c,Financing activities is direct methods.
. there is no difference in the direct and indirect methods for determining financing activities.
3, How do Japanese companies report their changes in cash during the year?Japanese companies use the statement of cash flows.
>Correct.
4, How easy was this lesson for you?
The English was somewhat.
Getting to and using the linked web page was somewhat hard.
Thank you for the class in the previous term.
I'm waitinig for your reply.
Sincerely yours,
Hina