Using the financial statementsof Landry’s Restaurants located in Appendix A (Bac

Question

Using the financial statementsof Landry’s Restaurants located in Appendix A (Back Matter)of the text, Fundamentals ofFinancial Accounting1st ed., by Phillips, Libby, and Libby,prepare a 1,050-1,400-word paper that addresses the followingquestions:

a)   What is the amount of net income? Whichfinancial statement did you find this information? What are thecomponents of this financial statement?

b)   What are the total assets? Which financialstatement did you find this information? What are the components ofthis financial statement?

c)   How much did they spend on property andequipment additions? Which financial statement did you find thisinformation? What are the components of this financialstatement?

d)   Were any stock options exercised? Whichfinancial statement did you find

this information? What are the components of thisfinancial statement?

e)   Which financial statement do you feel is themost important? Why?

Explanation / Answer

Look at balance sheet, common stock/equity section (sometimescan be preferred stock) Most of the time take a look at the notes follow thestatement. I don't have your textbook so i can't give you a correctanswer 100% http://www.boeing.com/companyoffices/financial/finreports/annual/01annualreport/financials_ncfs_16.html It is an exmaple of it and on one the reason for thisanswer

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