Financial statement paper

Reviewing financial accounts to view a companies standing in the save is necessary to ensure that the company is pulling its weight financially. A company has to be able to support its operations and customer base or it will go bankrupt. A well company can handle all financial clothe and incoming assets. Landry?s can also balance their assets with their liabilities and resurrect animalholder contributions to ensure financial stability. In the following example team A will be scrutinizing the financial statements of Landry?s Restaurants to gear up financial stablity. Using the financial statements of Landrys Restaurants, the determination for the pith of terminatet income is as follows. assoil income is also known as mesh amount. Net amount refers to the take home pay or the amount of money earned after deductions such(prenominal) as income taxes (About, Inc., 2007). The kale income for the early(prenominal) three twelvemonths are 2003 was at $45,901,054, net inco me for the class 2002 was $41,521,616 and for the year 2001 the net income was at $26,919,569. The teaching about the net income and the earnings per share were found on the Landrys Restaurants Consolidated disceptation of Income. Earnings per-share increase is a compulsive sign for shareholders and investors. many of the components that make up this financial statement are listed in the income statement.

Basic earnings per-share is computed by dividing net income by the burthen average number of shares of popular sway outstanding during the year (Phillips, Libby, Libby, 2006). Diluted earnings per-share reflects the potential dilution that could kick the bucket if contracts to po p common line of merchandise were exercised! or converted into common stock (Phillips, Libby, Libby, 2006). For purposes of this calculation, outstanding stock options are considered common stock equivalents utilize the treasury stock method, and are the only such equivalents outstanding(Phillips, Libby, Libby, 2006). The Company... If you unavoidableness to get a full essay, order it on our website: OrderEssay.net

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