Dear Professor Garreis,

Thank you for your reply and corrections ofmy English

I will answer your last questions.

>What do you and your friends do in the summer?

>>I would like to go to Tokyo Disney Sea and Tokyo Disney Land.

I want to play with forgetting reality.

I also want to eat lots of delicious items.

> (6/10/17) I looked at the websites. Wow! No wonder you want to go there. It looks like so much fun. I bet the food is wonderful.

>Where is your favorite outdoor place to go?

>>My favorite place is Ise shrine.

It is located in Ise city, Mie prefecture.

I only go once a year at school events, but I like it very much.

Nature is all around and the air is clear.

>(6/10/17) I looked at the website. It is such a peaceful place! I can see why you like to go there. Thank you for the link.

>What do you do there?
>>I look at nature.

My mind is very healed.

>(6/10/17) Just looking at the pictures on my laptop felt healing, too. It is a wonderful place.

【Home work】

1. What is a balance sheet?
The balance sheet is one of the financial statements.

It is a snapshot of the investing and financing activities of a firm at moment in time.

>(6/10/17) Correct.

2. What is stockholders' equity in the U.S.?

Shareholders’ equity is the owners’ original investment, and earnings from the business.

It is the owners’ claim on the assets of a firm.

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

The value is 20.152.000.000 US dollars. (The value in words is twenty billion one hundred fifty two million US dollars.)
>(6/10/17) Correct.

In the US, we use commas in the large numbers, not periods. So the value in numbers is written: 20,152,000,000

5. Name one current liability of Nike in 2016.
The name of one Notes payable.
>(6/10/17) Correct.

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

>(6/10/17) The value is one million US dollars.

>This is one US hundred dollars: $US100.

7. Please send me the Japanese translation for the words in the list below. Please write the words in romajii.
Accounts receivable   Urikakekinn
Assets                    Sisan
Balance sheet         Taisyaku taisyouhyou
Cash                      Gennkinn
Credit                     Kasikata
Current asset          Ryuudousisann
Current liability        Ryuudouhusai
Debit                       Husai
Dividend                 Haitoukinn
Double-entry          Hukusikiboki
Equipment             Bihin