Explore BrainMass

Explore BrainMass

    Financial statements of Landry's Restaurants

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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:
    a. Earnings per share
    b. Return on assets
    c. Current ratio
    d. Times interest earned
    e. Asset turnover
    f. Debt to total assets
    g. Current cash debt coverage
    h. Cash debt coverage
    i. Free cash flow
    Based on your analysis, what does this tell you of Landry's financial performance (consider the changes between years)?
    Properly cite your references. If you used an electronic source, include the URL. If you used a printed source please attach a copy of the data to your paper.

    © BrainMass Inc. brainmass.com June 3, 2020, 10:30 pm ad1c9bdddf

    Solution Summary

    The solution examines financial statements of Landry's Restaurants.