Assignment:
Use the financial statements of Landry's Restaurants using the following links:
https://www.landrysrestaurants.com/pdf/financial/2003AnnualReport.pdf and
https://www.landrysrestaurants.com/pdf/financial/2002AnnualReport.pdf), (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
Use the Word template in the Course Materials forum to get the ratio formulas and calculate out the answers.
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.