Thursday, July 15, 2010

Compute the following ratios for 2002 and 2003 Landry’s Restaurants

Fundamentals of Financial Accounting 1st ed.
by Phillips, Libby, and Libby

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

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