Chipotle Mexican Grill, Inc. is a quick-service restaurant providing a focused menu of burritos, tacos, and salads. Chipotle's balance sheets for the end of two recent years are as follows (in thousands):

A. Prepare a vertical analysis of the two balance sheets. (Round percentages to one decimal place.)
B. Interpret the vertical analysis with respect to the change in the percent of asset, liability, and stockholders' equity components to total assets. (Treasury stock will be discussed in a later chapter and may be omitted from your analysis.)

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Chipotle Mexican Grill, Inc. Balance Sheets December 31 in thousands) Year 2 Year 1 Assets Current assets S 419,465 323,203 24,016 13,044 51,073 34,839 15,332 70,251 Inventory... . Investments.... Total current assets 1,106,984 496,106 878,479666,307 963,238 313,863 Liabilities and Stockholders' Equity Current liabilities 176,097 140,206 Long-term liabilities 288,206 271,764 Stockholders' Equity 1,038,932 1,722,271 (748,759) (429) 919,840 1,276,897 (660,421) 1,620 Retained earnings $2,009,280