Examining Financial Statements Essay - Landry's

Landry?s Restaurants, Incorporated, is a multi-faceted organization operating over cardinal individual units under numerous different brand bid and locations. The friendship has enjoyed much success in the 10 eld since going public and has reported revenues in excess of wholeness billion dollars for the 2003 reporting period. The Management of Landry?s appear confident(p) that the conjunction will enjoy continued successes and have write many forward looking avowals throughout its annual report. The week tercet team assignment of the University of Phoenix Online Team C was to check over the financial statements of Landry?s Restaurants, Inc., and provide analysis of the lodge in four beas, 1) Income, 2) Assets, 3)Property and equipment spends, and 4) Exercised Stock Options. In addition, Team C was to cook the most important financial statement and argue the reasons for much(prenominal) designation. Team C has outlined the requested reading in the following pape r as well as provided sharpness and support of the most important. Net IncomeThe amount of meshwork income for Landry?s Restaurants in 2001 was $26,920, in 2002 was $41,522, and 2003 was $45,901. The financial statements which show this entropy are found on the income statements cerement and cash move shroud. The components of an income statement are many such as; revenues and constitute of revenues. Additionally, this sheet displays the gross profit, operating and other write downs along with absorb expense and income tax expense. Finally, on the bottom line of this sheet shows shekels per share (Phillips, Libby, & Libby, 2005, p. 577). The other sheet the pull in income is displayed on is the cash flow sheet. This sheet provides information the company?s cash flows from operating activities such as; the troth income, adjustments to reconcile to cash flows from other operations, and net cash provided by operating activities. Additionally, shown are cash flows... If you ! want to get a full essay, order it on our website: BestEssayCheap.com

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