Question: 1 . Over the last three reporting periods, the amount that Chipotle's total revenues exceeded its total operating expenses has: a . increased b .

1. Over the last three reporting periods, the amount that Chipotle's total revenues exceeded its total operating expenses has:
a.
increased
b.
decreased
c.
stayed the same
d.
cannot be determined
2. Based on the accounts receivable, net balances at December 31,2022 and December 31,2023, Chipotle sales on account were more than the amount of cash it collected from customers during 2023.
a.
True
b.
False
3. Chipotles depreciation method results in _________________book valuebeing reported on the companysbalance sheetearly in an assets useful life than compared to the accelerated depreciation methods.
a.
more
b.
less
c.
the same
4. Chipotles depreciation method results in _________________net incomebeing reported on the companysincome statementearly in an assets useful life than compared to the accelerated depreciation methods.
a.
the same
b.
less
c.
more
1 . Over the last three reporting periods, the

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