Question: + ACC-650 TOPIC & Assignment Question 3 of B New Policies Current Attempt In Progress Chipotle Mexican Grill began with a single location in 1993

+ ACC-650 TOPIC & Assignment Question 3 of B New Policies Current Attempt In Progress Chipotle Mexican Grill began with a single location in 1993 and now operates more than 2490 restaurants. Adapted versions of the comperry's Income statements (In $000s) are as follows: 2017 2016 Revenue $4 476412 $3 504384 Restaurant operating costs Food, beverage, and packaging 1 535 428 1365,580 Labor 1 205.992 1.105.00 Occupancy 327137 293.63 Other operating costs 651 644 641.93 Gamered and administrative expenses 296,388 276.24 Depredation and 163.348 146368 Pro-opening costa 12341 17462 Less on disposal of sheets 13 349 23.877 Total operating expenses 4205 618 3.869 81 Income from operations Interest and other Income (expense), nat 4949 4172 Income before Income taxes 273,743 38.739 Provision For Income taxes 99 490 Net Income $176.253 $22.938 Prepare a commonsize Income statement for each year. (Roun s to 1 decimal place, e.g. 50.1%) 2017 2016 Revenue Restaurant operating costs Food, beverage, and packaging Labor Occupancy Other operating costs Canarel and administrative expenses Depreciation and amortization Pre-opening coats Lome on disposal of asacts Total operating expenses Income from operations Interest and other Income [expenaal, met Income before Income texas Provision for Income taxes Net Income Textbook and Media Sme for Later Attempts Oof 3used Subroke Arawer
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