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Financial Statements for Landry's Restaurant

Prepare a financial statements analysis using the financial statements of Landry's Restaurants located in Appendix A of the text, Fundamentals of Financial Accounting 1st ed., by Phillips, Libby, and Libby, compute the following ratios for 2002 and 2003 to the following assignments from the e-text, Fundamentals of Financial Accounting 1st ed., by Phillips, Libby, and Libby.

1) Net profit margin
2) Gross profit percentage
3) Fixed asset turnover
4) Return on equity (ROE)
5) Earnings per share
6) Quality of income
7) Receivables turnover
8) Inventory turnover
9) Current ratio
10) Debt-to-assets
11) Times interest earned
12) Cash coverage ratio
13) Capital acquisitions ratio

You must use the template provided.

Describe the purpose of each ratio.

Based on your analysis, what does each ratio tell you of Landry's financial performance (consider the changes between years)?

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Prepare a financial statements analysis using the financial statements of Landry's Restaurants located in Appendix A of the text, Fundamentals of Financial Accounting 1st ed., by Phillips, Libby, and Libby, compute the following ...

Solution Summary

This solution is comprised of a detailed explanation to describe the purpose of each ratio.

$2.19