Dear Proffesour Garreis,

I will answer your last question.

Homework
1.Why is the statement of Cash Flows important to U.S. users of accounting
information?
>>It shows the health on the company now and may show its health in the future.

2.Look at the table that compares the direct methods.What is the main
difference between the indirect and direct methods:
a. in operating activiteis?
>>In direct method described Net income and on the Income Statement.
>>Direct method Described cash transaction cause in Income statement.

>I will accept this answer.
>However, the English sounds better if you write this way:
The direct method describes cash derived from operations in a manner similar to the way net income is described in the Income Statement.

b. in investing activiteis?
>>No difference.
>Correct

c. in financing activities?
>>No difference.
>Correct

3.How do Japanese companies report their changes in cash during the year?
>>Japanese companies use a Cash Flow Statement just as companies do in the U.S.

4.How easy was this lesson for you ?
The accounting was:
>>about right.
The English was:
>>about right.
Getting to and using using the linked wab pages was:
>>about right.

Thank you for lesson so far.
Have a nice summer vacation.
I'm wating for your reply.
Sincerely,

Kazu

Have a delightful summer break, Kazu

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