Chipotle Mexican Grill began with a single location in 1993 and now operates more than 1,700 restaurants. Adapted versions of the company's income statements (in $000s) are as follows:

Required
Prepare a common-size income statement for each year, rounding your answers to one decimal place. Your answers may not add perfectly due to rounding.

Transcribed Image Text:

Food, beverage, and packaging General and administrative expenses Depreciation and amortization 4 2 3 Loss on disposal of assets Total operating expenses Income from operations Interest and other income (expense), net Income before income taxes 2