Financial Statement Paper

Financial Statement Paper July 6, 2009 In 1993 Landrys became a publicly traded caller-up, and since then the come with has become a growing and motionless company. Landrys Restaurants is a company that currently owns several(prenominal) restaurants chains. Thru the years of 2001 to 2003, Landrys has increased assets while maintaining a positive bills flow. By showing that the company git maintain a positive cash flow and low expenses proves many abridgments theories of why it is viewed as a leader in the industry. In this analysis, we will be looking at several key points of Landrys Restaurants which will show why they ar considered to be a stable company. Some of the topics that will be covered are: What is the summation of net income, what is the companies positive assets, what did the company spend on equipment and property? In reviewing the data listed for Landrys Restaurants the amount of net income listed is 45,901; this total is for the year ended declination 31, 2003. One can find this information listed on the companys Income Statement Sheet. Listed with in the Income Statement are respectful comp mavinnts. They are: revenues, Cost of Revenues, Gross Profit, Operating and Other Expenses, relate Expense, Income Tax Expense, Net Income.

Looking closer at these components one can see is taken from the amount of sales do for the year, in this case the revenue for Landrys is 1,105,755. Cost of Revenues is the amount of money it took to sell the companys products. Landrys fagged 321,783 to make 1.1 million. To find the Gross Profit one would subtract the Revenue from the Cost of Revenues. Operating and Other Expense is a mix of different expenses that are needed to run the business. These can range from payroll, to electrical, to food that has been spilled. According the Income Statement the company worn-out(a) 717,018 for there Operating and Other Expenses. Finally the Net Income is the total money that they company made after all expenses have... If you privation to get a full essay, order it on our website: Orderessay

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