Examining Financial Statements Essay - Landry's

Landry?s Restaurants, Incorporated, is a multi-faceted organization operating over ccc individual units under many different brand call and locations. The friendship has enjoyed much success in the 10 years since going public and has reported revenues in excess of unity billion dollars for the 2003 reporting period. The Management of Landry?s appear confident(p) that the club will enjoy continued successes and have write many forward looking statements throughout its annual report.

The week three team assignment of the University of Phoenix Online Team C was to review the financial statements of Landry?s Restaurants, Inc., and provide analysis of the company in four areas, 1) Income, 2) Assets, 3)Property and equipment spends, and 4) Exercised Stock Options. In addition, Team C was to determine the most important financial statement and argue the reasons for such designation. Team C has outlined the requested reading in the following paper as well as provided insight 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 sheet. 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 expenses along with absorb expense and income tax expense. Finally, on the bottom line of this sheet shows earnings 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 interlocking 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: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper