Financial Statement Analysis

Financial didactics Analysis University of Phoenix ACC/300 Kai D Hintze, instructor dire 10, 2009 Financial Statement Analysis: List of Ratios 20032002 dough per carry on:Diluted: $1.62 canonic: $1.66 Diluted: $1.19 prefatory: $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 reporting:$1.78$1.91 Cash debt coverage:0.390.47 Free cash cling:($320,855,172($432,200,679) ground on this analysis, Landry’s Restaurants Inc. finances are in in force(p) 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 fit at a 100% turnover rate. The federation is infinitely growing and adding more restaurants each year earn ing more reachs. In 2003, the retained earnings were $166,526,894 which is a profit of $41,067,215 from the amount do in 2002 (Phillips, Libby, & Libby, 2005) . Even with the earnings per share an increase of $.06 for raw material and $.

08 for diluted shows that Landry’s Restaurants Inc. is a alliance to be reckoned with. The pecuniary statements show by quarterly reports, how the company has grown. This will triplet for more possible investors and extended credits. The almost important precept of financial accounting is to organize financial reports that provide info about an organizations presentati on to external groups such as investors, cre! ditors, and assess 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 undecomposed essay, order it on our website: OrderCustomPaper.com

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