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Wednesday, 13 February 2013

Acc 300

Landrys innovative and strong financial standing legitimizes their true position in the restaurant field. Due to its highly competitory field Landrys shows a very firm and wholesome future. The numbers that they lead demonstrated show what direction and that is by all odds north. With these numbers that most in the field would envy does surely show what character they are made of. This is without a surmise a very well orchestrated and managed company. The numbers intelligibly show that since 1993 they have put their best foot in front and made a few happy campers in gaze to their stakeholders. To reach revenue in the billions is definitely gratifying. Landrys has turn out that with growth, innovation, vision, leadership, and great accountants that a lot can be accomplished. They have proven that they have what it takes to survive in such a difficult industry like the restaurant business.
Moreover, downstairs the consolidated balance sheet there is very important fine tuition. For instance according to Landrys restaurants annual report for 2003 under the assets Landrys spent on property equipment net, $965,574,991. Arguably this information can definitely be very important to stakeholders payable to the future position of the company it as well as can fact how much the company is growing and at what pace.

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Landrys expatiate arguably sufficient data to make stockholders aware of well-nigh every important statement of the company. Theres also under the notes to consolidated (another financial statement) very specific precise numbers. They share under property equipment and assets the following (components) information for the closing of December 31, 2003: under land- $170,163,593, buildings/improvements $222,903,558, furniture/fixtures/equipment $234,372,485, leasehold improvements $498,030,942, construction in pass on $64,349,939, for a closing of $1,189,820,517 minus less accumulated derogation of $224,245,526. This gives us the original total which was tallied at...If you want to get a full essay, order it on our website: Ordercustompaper.com



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