Financial Statement Analysis

financial didactics analysis University of Phoenix ACC/300 Kai D Hintze, Instructor sniffy 10, 2009 Financial Statement Analysis: List of Ratios 20032002 Earnings per jam on:Diluted: $1.62 approved: $1.66 Diluted: $1.19 Basic: $1.24 cede on assets:$45,909.74$41,522.01 electric current poise:76%62% clock interest earned:6.9612.72 cocksure dollar volume: atomic number 6%96% Debt to total assets:273.58204.91 Current bullion debt coverage:$1.78$1.91 money debt coverage:0.390.47 Free cash cling:($320,855,172($432,200,679) Based on this analysis, Landry’s Restaurants Inc. finances be in good standings. For the socio-economic screen out of 2003, Landry’s Restaurants Inc. cost of revenues was up by 29.1% compared to 2002 it was up by 28.8%. With good numbers such(prenominal) as these, allows Landry’s Restaurants Inc. to operate at a 100% upset rate. The federation is continuously growth and adding more than restaurants each course of instruction earning more reachs. In 2003, the retain earnings were $166,526,894 which is a derive of $41,067,215 from the amount made in 2002 (Phillips, Libby, & Libby, 2005) . Even with the earnings per partake in an increase of $.06 for basic and $.

08 for reduce takes that Landry’s Restaurants Inc. is a alinement to be reckoned with. The pecuniary statements show by quarterly reports, how the telephoner has grown. This will lead for more possible investors and extended credits. The around important principle of financial accounting is to organize financial reports that provide data well-nigh an organizations presentation to external groups such as investors, creditors, and tax regime ( readily MBA - Accounting). References Phillips, F., Libby, R., & Libby, P. (2005). Appendix A: Landrys Restaurants, Inc. 2003 annual Report. In basics of Financial Accounting (p. 628). young York: The McGraw-Hill Companies. Quick MBA - Accounting. (n.d.). Retrieved August 7, 2009, from Financial Accounting:...If you want to array a full essay, pose it on our website: Ordercustompaper.com

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