Financial Statement Analysis

Financial didactics Analysis University of Phoenix ACC/300 Kai D Hintze, teacher shocking 10, 2009 Financial Statement Analysis: List of Ratios 20032002 clams per carry on:Diluted: $1.62 canonic: $1.66 Diluted: $1.19 grassroots: $1.24 Return on assets:$45,909.74$41,522.01 Current balance:76%62% Times interest earned:6.9612.72 plus dollar chroma:100%96% Debt to total assets:273.58204.91 Current cash debt coverage:$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 expert 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 ceaselessly growing and adding more restaurants each year earning mo re 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 radical and $.08 for diluted shows that Landry’s Restaurants Inc. is a alliance to be reckoned with. The fiscal statements show by quarterly reports, how the company has grown. This will malarkey for more possible investors and extended credits. The almost important linguistic rule of financial accounting is to organize financial reports that provide entropy about an organizations presentation to external groups such as investors, creditors, and value 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 Fi nancial Accounting:...If you want to get a ! full essay, order it on our website: OrderCustomPaper.com

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