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Translation

• Context: this is a manga about swimming.
• ei teeburu
  Ａテーブル
  Table A.
  • ei エイ - katakanized alphabet letter.
• "sakazuki wo hosu" to kaite!
  “杯を乾す”と書いて！
  Write [it] as "to dry [one's] sake cup"!
  • sakazuki - a rather flat cup traditionally used to drink sake, also seen in some anime like One Piece in ceremonies to become sworn brothers and the like.
• "kanpai" to yomu!
  “乾杯”と読む！
  Read [it] as "kanpai"!
  
  • Sentences such as the above are about how a word, like 乾杯, is written with the same kanji as a sentence that defines the word, like 杯を乾す.