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Topic: Business
Number of pages / Number of words: 4 / 1113
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reported having revenues of $1, 105,755,057 (Fundamentals of Financial Accounting, 2006, p.11).

Landry’s expenses, however, are more complex. The Income Statement shows various expense categories, including: cost of revenue, labor, administration, depreciation and amortization. In this Income Statement, net income is determined by totaling the expense categories and subtracting from the total reported revenue...


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Landry’s total operating costs and expenses equal $1,037,338,2939 in 2003 (Fundamentals of Financial Accounting, 2006, p. 626).

Assets

Landry’s total assets are reported in its Balance Sheet. The Balance Sheet illustrates a company’s assets, liabilities and stockholder’s equity. On December 31, 2003, Landry’s Total Assets were valued at $1,102,785,506 (Fundamentals of Financial Accounting, 2006, p...


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