scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 2,988
Introduction This report is to compare the financial situations of two companies in the restaurant industry Darden Restaurants Inc of Florida and Brinker International Inc of Texas The report will provide a detailed analysis and summary of several things including financial analysis industry history and analysis both companies history and analysis vertical and horizontal analysis and the creditworthiness of each company These analysis that we are going to conduct will provide us with a myriad of information about the two companies and how they compare to each other In comparing the companies to each other it is important to take into account the liquidity or ability of a firm to meet its current obligations and solvency analysis which is a firms ability to meet interest payments and other financial long term obligations Profitability is also very important to gauge along with the activity ratios which give us insight into how a company is managing its assets and running its business in general Accounting Text and Cases 10th Edition By Anthony Hawkins and Merchant New York IrwinMcGraw-Hill Inc 1999 This report will give us in depth analysis on the two companies financial position and will help in determining which company is healthier financially History and Development Restaurant Industry History The restaurant industry historically has been an increasingly competitive industry and a widespread industry as well Companies in this industry can compete on a variety of different things including taste of food quality service timeliness of food atmosphere or different food products Darden Restaurants Inc Darden Restaurants is the worlds biggest restaurant operator The company is in the business of restaurant dining for customers who enjoy somewhat relaxed dining and eating Italian and seafood in the United States and Canada 99 Darden Restaurants 1999 Annual Report This is evident because as far as customers are concerned they generally dress down when they go out to restaurants such as the Olive Garden or Red
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA