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The balance sheet if for 3 years, Each set of numbers are listed for each as current year to a descending order. first set is 2017,2016,2015 and so...

The balance sheet if for 3 years, Each set of numbers are listed for each as current year to a descending order. first set is 2017,2016,2015 and so on. If anyone can help it would be greatly appreciated. I also uploaded the doc., it this isn't clear.



BUSN 1010 - Business Enterprise

Financial Analysis Assignment

20 Points


Instructions

Part A: Complete the calculations for DRI and its competitor EAT. Place the results of your calculations in the table below. Be sure to show your calculations.

Part B: Explain which company is financially healthier. In the analysis discuss the financial ratios. Compare the financial ratios for both DRI and EAT


Part A (10 Points)

Company/Ratio

DRI

EAT

Current Ratio



Acid Test



Debt to Equity



Return on Sales



Return on Equity




Part B (10 Points)

Which Company is financially healthier (Why)? Explain each of the ratios in detail. Incorporate the data into your analysis.



Darden Restaurants Inc.(DRI)


Balance Sheet

All numbers in thousands

Period Ending

5/28/2017

5/29/2016

5/31/2015

Current Assets

Cash And Cash Equivalents

233,100

274,800

535,900

Short Term Investments

-

-

-

Net Receivables

287,700

227,300

235,400

Inventory

178,900

175,400

163,900

Other Current Assets

100,100

142,800

121,200

Total Current Assets

799,800

820,300

1,056,400

Long Term Investments

-

-

-

Property Plant and Equipment

2,272,300

2,041,600

3,215,800

Goodwill

1,201,700

872,300

872,400

Intangible Assets

950,200

574,600

574,600

Accumulated Amortization

-

-

-

Other Assets

280,200

273,800

275,500

Deferred Long Term Asset Charges

-

-

-

Total Assets

5,504,200

4,582,600

5,994,700

Current Liabilities

Accounts Payable

454,700

426,100

404,000

Short/Current Long Term Debt

-

-

15,000

Other Current Liabilities

834,500

761,000

777,700

Total Current Liabilities

1,289,200

1,187,100

1,196,700

Long Term Debt

936,600

440,000

1,452,300

Other Liabilities

536,400

498,600

Deferred Long Term Liability Charges

640,300

504,900

567,700

Minority Interest

-

-

-

Negative Goodwill

-

-

-

Total Liabilities

3,402,500

2,630,600

3,661,200

Stockholders' Equity

Misc. Stocks Options Warrants

-

-

-

Redeemable Preferred Stock

-

-

-

Preferred Stock

-

-

-

Common Stock

1,614,600

1,502,600

1,405,900

Retained Earnings

560,100

547,500

1,026,000

Treasury Stock

-7,800

-7,800

-7,800

Capital Surplus

-

-

-

Other Stockholder Equity

-65,200

-90,300

-90,600

Total Stockholder Equity

2,101,700

1,952,000

2,333,500

Net Tangible Assets

-50,200

505,100

886,500


 Darden Restaurants Inc.(DRI)


Income Statement

All numbers in thousands

Revenue

5/28/2017

5/29/2016

5/31/2015

Total Revenue

7,170,200

6,933,500

6,764,000

Cost of Revenue

5,600,800

5,392,400

5,341,500

Gross Profit

1,569,400

1,541,100

1,422,500

Operating Expenses

Research Development

-

-

-

Selling General and Administrative

627,400

622,900

673,500

Non Recurring

-8,400

5,800

62,100

444,500


Others

272,900

290,200

319,300

Total Operating Expenses

-

-

-

Operating Income or Loss

677,500

622,200

367,600

Income from Continuing Operations

Total Other Income/Expenses Net

-

-

-

Earnings Before Interest and Taxes

637,300

449,700

175,300

Interest Expense

-

-

-

Income Before Tax

637,300

449,700

175,300

Income Tax Expense

154,800

90,000

-21,100

Minority Interest

-

-

-

Net Income From Continuing Ops

482,500

359,700

196,400

Non-recurring Events

Discontinued Operations

-3,400

15,300

513,100

Extraordinary Items

-

-

-

Effect Of Accounting Changes

-

-

-

Other Items

-

-

-

Net Income

Net Income

479,100

375,000

709,500

Preferred Stock And Other Adjustments

-

-

-

Net Income Applicable To Common Shares

479,100

375,000

709,500



Brinker International, Inc. (EAT)

Balance Sheet

All numbers in thousands

Period Ending

6/28/2017

6/29/2016

6/24/2015

Current Assets

Cash And Cash Equivalents

9,064

31,446

55,121

Short Term Investments

-

-

-

Net Receivables

44,658

45,612

46,588

Inventory

24,997

25,104

23,035

Other Current Assets

75,673

76,280

62,480

Total Current Assets

154,392

178,442

187,224

Long Term Investments

-

-

-

Property Plant and Equipment

1,000,614

1,043,152

1,032,044

Goodwill

163,953

164,007

132,381

Intangible Assets

27,512

30,225

16,642

Accumulated Amortization

-

-

-

Other Assets

30,200

28,299

34,445

Deferred Long Term Asset Charges

37,029

14,325

33,137

Total Assets

1,413,700

1,458,450

1,435,873

Current Liabilities

Accounts Payable

310,297

309,759

300,310

Short/Current Long Term Debt

9,649

3,563

3,439

Other Current Liabilities

126,482

122,329

114,726

Total Current Liabilities

446,428

435,651

418,475

Long Term Debt

1,319,829

1,110,693

970,825

Other Liabilities

141,124

137,682

125,033

Deferred Long Term Liability Charges

-

-

-

Minority Interest

-

-

-

Negative Goodwill

-

-

-

Total Liabilities

1,907,381

1,684,026

1,514,333

Stockholders' Equity


Brinker International, Inc. (EAT)

Income Statement

All numbers in thousands

Revenue

6/28/2017

6/29/2016

6/24/2015

Total Revenue

3,150,837

3,257,489

3,002,278

Cost of Revenue

791,321

840,204

775,063

Gross Profit

2,359,516

2,417,285

2,227,215

Operating Expenses

Research Development

-

-

-

Selling General and Administrative

1,946,929

1,943,441

1,770,771

Non Recurring

-

-

-

Others

156,409

156,368

145,242

Total Operating Expenses

-

-

-

Operating Income or Loss

256,178

317,476

311,202

Income from Continuing Operations

Total Other Income/Expenses Net

1,877

1,485

2,081

Earnings Before Interest and Taxes

258,055

318,961

313,283

Interest Expense

49,547

32,574

29,006

Income Before Tax

208,508

286,387

284,277

Income Tax Expense

57,685

85,767

89,618

Minority Interest

-

-

-

Net Income From Continuing Ops

150,823

200,620

194,659

Non-recurring Events

Discontinued Operations

-

-

-

Extraordinary Items

-

-

-

Effect Of Accounting Changes

-

-

-

Other Items

-

-

-

Net Income

Net Income

150,823

200,620

194,659

Preferred Stock And Other Adjustments

-

-

-

Net Income Applicable To Common Shares

150,823

200,620

194,659

Misc. Stocks Options Warrants

-

-

-

Redeemable Preferred Stock

-

-

-

Preferred Stock

-

-

-

Common Stock

1,614,600

1,502,600

1,405,900

Retained Earnings

560,100

547,500

1,026,000

Treasury Stock

-7,800

-7,800

-7,800

Capital Surplus

-

-

-

Other Stockholder Equity

-65,200

-90,300

-90,600

Total Stockholder Equity

2,101,700

1,952,000

2,333,500

Net Tangible Assets

-50,200

505,100

886,500

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