Components of Landry's Restaurants' Income Research Proposal

Open, View, and/or
Download this Document

Total Length: 666 words ( 2 double-spaced pages)

Total Sources: 1

Page 1 of 2



The second part of Landry's Balance Sheet shows all financing methods such as liabilities and shareholders' equity. Current liabilities are $1,186,083,456. Liabilities consist of current liabilities, long-term notes, net of current portion, deferred taxes, and other liabilities. Total current liabilities are further broken into components such as accounts payable, accrued liabilities, income taxes payable, current position of long-term debt and other obligations, and liabilities related to discontinued operations. The company also reports commitments and contingencies.

Lastly, total stockholders' equity (assets minus liabilities) for Landry's is shown as $316,899,073.

c) How much did they spend on property and equipment additions? Which financial statement did you find this information? What are the components of this financial statement?

Landry's reports spending on property and equipment additions as -$122,997,511. This is reported on the Statement of Cash Flows. Cash Flows are divided into three components, cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities.

Stuck Writing Your "Components of Landry's Restaurants' Income" Research Proposal?

View All Our Example Components of Landry's Restaurants' Income Research Proposal

Have A Custom Example Essay Written



Cash flows from operating activities were $122,654,806. Components include net income, adjustments to reconcile net income to net cash provided by operating activities, depreciation and amortization, asset impairment expense, deferred tax provision, gain on disposition of assets, deferred rent and other charges, net, stock-based compensation expense, change in assets and liabilities, net, and other.

Cash flows from investing activities were $-86,860,743. These flows include property and equipment additions and/or transfers as well as proceeds from disposition of property and equipment.

Cash flows from financing activities were $24,328,504. Components include purchase of common stock fro treasury, proceeds from exercise of stock options, payments of debt and related expenses, net, proceeds from term loans, debt issuance costs, proceeds from credit facility, payments on credit facility and dividends paid.

Landry's reports a net increase in cash and cash equivalents of $11,465,559 based on cash and cash equivalents at the beginning of year of $39,601,246 and cash equivalents.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Components Of Landry's Restaurants' Income" (2009, June 05) Retrieved May 18, 2024, from
https://www.aceyourpaper.com/essays/components-landry-restaurants-income-21370

Latest MLA Format (8th edition)

Copy Reference
"Components Of Landry's Restaurants' Income" 05 June 2009. Web.18 May. 2024. <
https://www.aceyourpaper.com/essays/components-landry-restaurants-income-21370>

Latest Chicago Format (16th edition)

Copy Reference
"Components Of Landry's Restaurants' Income", 05 June 2009, Accessed.18 May. 2024,
https://www.aceyourpaper.com/essays/components-landry-restaurants-income-21370
   

Open, View, and/or
Download this Document
order custom essay example