Financial Statement Analysis

Financial didactics Analysis University of Phoenix ACC/300 Kai D Hintze, teacher noble-minded 10, 2009 Financial Statement Analysis: List of Ratios 20032002 meshwork per carry on:Diluted: $1.62 canonic: $1.66 Diluted: $1.19 rudimentary: $1.24 Return on assets:$45,909.74$41,522.01 Current balance:76%62% Times interest earned:6.9612.72 plus dollar loudness:100%96% Debt to total assets:273.58204.91 Current cash debt insurance coverage:$1.78$1.91 Cash debt coverage:0.390.47 Free cash cling:($320,855,172($432,200,679) base on this analysis, Landry’s Restaurants Inc. finances are in broad(a) standings. For the socio-economic class 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 consort at a 100% turnover rate. The federation is unceasingly growing and adding more restauran ts each year earning more reachs. In 2003, the retained earnings were $166,526,894 which is a profit of $41,067,215 from the amount make in 2002 (Phillips, Libby, & Libby, 2005) . Even with the earnings per share an increase of $.06 for staple fibre and $.

08 for diluted shows that Landry’s Restaurants Inc. is a alliance to be reckoned with. The monetary statements show by quarterly reports, how the company has grown. This will virtuoso for more possible investors and extended credits. The almost important linguistic rule of financial accounting is to organize financial reports that provide info about an organizations presentation to external gr! oups such as investors, creditors, and revenue enhancement authorities ( readily MBA - Accounting). References Phillips, F., Libby, R., & Libby, P. (2005). Appendix A: Landrys Restaurants, Inc. 2003 annual Report. In Fundamentals of Financial Accounting (p. 628). New York: The McGraw-Hill Companies. Quick MBA - Accounting. (n.d.). Retrieved August 7, 2009, from Financial Accounting:...If you want to get a ample essay, order it on our website: OrderCustomPaper.com

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