Good evening, I need help with the following questions. I will be creating a PPT with the information answered in my own words. The information needed to answer these questions are in the two website links below.

• Chipotle Mexican Grill, Inc. text pages B-1 to B-24 (excerpts from 10-K/2015)
• Chipotle 2015 Annual Report-Full Report: https://ir.chipotle.com/annual-reports (click on 2015 report)
• Panera Bread Company text pages C-1 to C-39 (excerpts from 10-K/2015)
• Panera Bread Annual Report-Full Report: https://www.sec.gov/Archives/edgar/data/724606/000072460616000042/a2015122910k.htm#s0FAE69FEB080DBA1E32D113EEC614248

What is the balance in Cash and cash equivalents on the balance sheet of each company at the end of the most recent year? What is the amount of increase or decrease in this balance from the end of the prior year?

On what other statement in each company's annual report does the increase or decrease in Cash and cash equivalents appear? Explain why it appears on this statement.

According to the notes to their financial statements, how does each company define "Cash and cash equivalents"? Are there any differences in their definitions?