Determining financial statement analysis


Compute the following ratios for 2002 and 2003. Use the Landry's Restaurants financial statements located in Appendix A of Fundamentals of Financial Accounting:

o Earnings per share

o Return on assets

o Current ratio

o Times interest earned

o Asset turnover

o Debt to total assets

o Current cash debt coverage

o Cash debt coverage

o Free cash flow

Answer the following question based on this analysis:

o What does this analysis tell you about Landry's financial performance? Consider the changes between years.

• Format your paper according to APA standards.

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Finance Basics: Determining financial statement analysis
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