>> Accounting Basics
Using Landry's Restaurants, Inc. 2008 10-K Report located in the Course Materials Forum, prepare a 1,050-1,750 word paper in which you answer the following items:
a. Does management's assessment of the financial condition agree with your assessment from the Financial Statements Paper Part I? Explain. Support your answer by using two of the three following analysis tools - trend, vertical, or ratio analysis.
b. In the Annual Report, there are several concerns from management. Discuss these concerns, and identify other weaknesses not discussed by management. Then, recommend a course of action addressing these concerns.