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Chipotle Mexican Grill began with a single location in 1993 and now operates more than 2,450 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 2,450 restaurants. Adapted versions of the company's income statements (in $000 s) are as follows: Prepare a common-size income statement for each year. (Round answers to 1 decimal place, e.g. 50.18.) 20172016 Revenuz Restzurant opsrating costs Food, bevarase, and packagine Labor Oecupancy Other operating costs General and administrative experses Depreciation and amortization Pre-spening costs Loss an disposal of assets Total oparating expenses Income from aperations Intersst and athar income (expsnse), nat Income before income taxes Provision for income taxes Nat income Yis Ys Ys Y Ys Ye Ys Ys Yis Yr Ys Ye
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