Buy custom Examining Financial Statements
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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 884 |
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It was reported on the Consolidated Statement of Cash Flows. The statement of cash flows explains how companies obtain and use cash during the accounting period. As expected with this type of financial statement the cash inflows and outflows are separated into three main categories. They are cash flows from operating activities, next was cash flows from investing activities, and third cash flows from financial actions...
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A disclosure of cash flow information for the period concerning interest and income taxes is also incorporated.
Balance Sheet
Year-end 2003, Landry’s total assets were $1,102,785. This information can be found on the Balance Sheet. The total is reflective of a significant growth increase in revenues, expenses and net income in 2003 as compared to 2002 and 2001...
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The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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