Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Chipotle Mexican Grill, Inc. Income Statements For the Years Ended December 31 (In thousands) Year 2 Year 1 Amount Percent Amount Percent Revenues $3,904,384 %

image text in transcribed
image text in transcribed
Chipotle Mexican Grill, Inc. Income Statements For the Years Ended December 31 (In thousands) Year 2 Year 1 Amount Percent Amount Percent Revenues $3,904,384 % $4,501,223 % Expenses: Food, beverage, packing $(1,365,580) % $(1,503,835) % Labor (1,105,001) % (1,045,726) Rent (ocupancy) (293,636) % (262,412) General and administrative (641,953) % (514,963) Other (463,647) % (410,698) [ Total expenses $(3,869,817) % $(3,737,634) Operating income $34,567 % $763,589 of buitos, con la te s tament through operating comfort Analyze Chipotle Mexican Gra Chipotle Mexican Grill, Inc. (CMG) au r ice restaurant providing focused recent years are as follows (in thousands) Chipotle Mexican Grill, Inc. Income Statements For the Year Ended December 31 in thousands) Year 2 Year 1 Revenues $3,904,384 $4,501,223 Expenses Food, beverage, packing (1,365,580) (1,503,635) Labor (1,105,001) (1,045,726) Rent (occupancy) 293.616) (26 417) General and administrative Other (463.647) (410.698) Total expenses 03.09.17) 03.737614) Operating income 34567 26 evenhe d ercentages to one became

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Energy Audits

Authors: Albert Thumann, Terry Niehus, William J. Younger

7th Edition

1420067915, 978-1420067910

More Books

Students also viewed these Accounting questions