Examining Financial Statements

A financial tale or a written element of music depicts the financial health of a company and/or andJ.L. item-by-item which is usually comprised of several(prenominal) key components. Some of the components ar an income statement, a balance wheel sheet, and a funds flow statement. usually a financial statement is comprised on an annual buttocks or on a quarterly basis, as this timeframe allows for the equality of circulating(prenominal) information versus prior information. In this paper, we will highlight approximately financial information regarding Landry?s eating places. We will be equation the performances of course of instructions 2001 through 2003 years ending December 31. The ejaculate for information is obtained from Landry?s Restaurant?s Summarized Balanced Sheets, Income Statements, and Statements of cash Flows all of which are examine years 2001, 2002, and 2003. The amount of the class income for year 2001 was $26,920J.L., 2002 was $41,522, and 2003 was $45,901. This information was institute in the nurture down the stairs Exhibit 13.3 which is labeled Landry?s Restaurants Income Statement on scamp 577 Chapter 13. The components of this financial statement is comprised of the by-line: revenues, cost of revenues, gross profits, operating(a) and variant expenses, interest expense, and income tax expense. The numerate asset for Landry?s Restaurants for year 2001 was $690,171, 2002 was $933, 015 and 2003 was $1,102,785. (Arthur, W. 2004) This information was also instal in the hebdomadally reading under Exhibit 13.

2 scallywag 576 labeled Landry?s Restaurants balance sheets. The components of this statement are comprised of the spare-time activity: cash, accounts receivables, inventories, other true assets, integral current assets, property and equipment, in the end goodwill and other assetsJ.L.. Landry?s Restaurant spent a net of $965,574,991 in 2003 on property and equipment additions. The Property and equipment additions J.L.information discount be found on the Notes to Consolidated Financial Statements on page 14 of supplement A (Libby, Libby, &... If you take to get a exuberant essay, order it on our website: Ordercustompaper.com

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