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using the financial statements of landry's restaurant located in appendix a of the text fundamentals of financial accounting 1st ed by phillips libby...

using the financial statements of landry's restaurant located in appendix a of the text fundamentals of financial accounting 1st ed by phillips libby and libby compute teh following ratios for 2002 and 2003a. earnings per shareb. return on assetsc. current ratiod. times interest earnede. asset turnoverf. debt to total assetsg. current cash debt coverageh. cash debt coveragei. free cash flow* accountiing - Anonymous, Monday, January 5, 2009 at 4:17pmA) Earnings per Share $1.66 $1.60B) Return on Assets 4.51% 5.12%C) Current Ratio 0.76 0.62D) Times Interest Earned 7.00 13.04E) Asset Turnover 1.09 1.10F) Debt-to-Total Assets 0.4518 0.3922G) Current Cash Debt Coverage 0.762 0.753h) Cash Debt Coverage Ratio 0.281 0.337I) Free Cash Flow ($23,211) N/A* accountiing - Anonymous, Monday, January 26, 2009 at 8:29amEarnings per share Net incomeAverage Number of shares of common stock outstanding Page 618. The actual ratios are displayed, or you can calculate them yourself. 41521616 = 1.60eps25900000 1.66Return on assetsNet IncomeAverage total Assets =The net income is found on pages 614 or 618. The total assets are on page 625, except for 2001. It is found on the 10k on page 26. 5.12 4.51Current Ratio Current AssetsCurrent Liabilities Page 625. .62 .76Times Interest Earned Net income +Interest expense + Income Tax ExpenseInterest Expense Page 618. 13.04 7.00Asset Turnover Nets Sales RevenueAverage Total Assets =The net income is found on pages 614 or 618. The total assets are on page 625, except for 2001. It is found on the 10k on page 26. 1.10 1.09Debt to Total Assets Total LiabilitiesTotal Assets Page 625. .3922 .4518Current cash debt coverageNet Cash provided by operating activitiesAverage current liabilities Page 628 on the net cash numbers. The total current liabilities are on page 625, except for 2001. It is found on the 10k on page 26. .753 .762Cash debt coverage Net Cash provided by operating activitiesAverage total Liabilities Page 628 on the net cash numbers. The total liabilities are on page 625, except for 2001. It is found on the 10k on page 26.Free cash flow ratioOperating cash flow- capital expenditures –cash dividends Page 628. .10 .90

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