Question: 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
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:
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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.
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
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