its net cash provided by operating 1. At the most recent year-end, Chipotle's net income was activities. a. more than b.less than c. the same as 2 Which of the company's accounts is increased when Chipotle sells a meal on account (credit sale) to customers? a. Unearned revenue. b. Accrued liabilities. C. Revenue D. Cash. 3 Calculate the company's net income as a percentage of revenue over the last two reporting periods (net income/revenues). Based on these calculations: a. Chipotle performed better in the current year than the prior year. b. Chipotle performed better in the prior year than the current year. c. Chipotle's performance did not change between the current year and prior year. 4 Which of Chipotle's balance sheet accounts is the result of the company recognizing revenue before cash is received? a. Prepaid expenses. b. Accounts receivable. c. Unearned revenue. d. Accrued liabilities. Which of Chipotle's balance sheet accounts is the result of the company recognizing revenue before cash is received? a. Prepaid expenses. b. Accounts receivable c. Unearned revenue d. Accrued liabilities. 5 Which of Chipotle's balance sheet accounts is the result of the company recognizing revenue before cash Is received? a. Prepaid expenses b. Accounts receivable, c. Unearned revenue. d. Accrued liabilities. 6 Which of the Chipotle's balance sheet accounts shows the amount of cash Chipotle has paid in advance for expenses not yet incurred? 6 Which of the Chipotle's balance sheet accounts shows the amount of cash Chipotle has paid in advance for expenses not yet incurred? a. Prepaid expenses. b. Accounts receivable. c. Accrued liabilities, d. Unearned revenue. 7 Which of the company's liabilities is the result of Chipotle collecting cash from its customers before providing goods and services? a. Unearned revenue. b. Accrued liabilities c. Prepaid expenses. d. Accounts receivable. 8 cash that The operating activities section of the company's most recent statement of cash flows was paid for expenses before those expenses were incurred. a. Includes b.does not include 9 Calculate Chipotle's return on assets ratio (net income / total assets) over the last two reporting periods. Round to one decimal place (for example .01264 = 1.3%) Which year did Chipotle manage its assets more efficiently? a.2018 b.2019 10 Calculate Chipotle's debt to assets ratio (total liabilities / total assets) over the last two reporting periods. Did Chipotle's level of financial risk Increase or decrease between the two periods? a. Decrease. b. Increase Stayed the same its net cash provided by operating 1. At the most recent year-end, Chipotle's net income was activities. a. more than b.less than c. the same as 2 Which of the company's accounts is increased when Chipotle sells a meal on account (credit sale) to customers? a. Unearned revenue. b. Accrued liabilities. C. Revenue D. Cash. 3 Calculate the company's net income as a percentage of revenue over the last two reporting periods (net income/revenues). Based on these calculations: a. Chipotle performed better in the current year than the prior year. b. Chipotle performed better in the prior year than the current year. c. Chipotle's performance did not change between the current year and prior year. 4 Which of Chipotle's balance sheet accounts is the result of the company recognizing revenue before cash is received? a. Prepaid expenses. b. Accounts receivable. c. Unearned revenue. d. Accrued liabilities. Which of Chipotle's balance sheet accounts is the result of the company recognizing revenue before cash is received? a. Prepaid expenses. b. Accounts receivable c. Unearned revenue d. Accrued liabilities. 5 Which of Chipotle's balance sheet accounts is the result of the company recognizing revenue before cash Is received? a. Prepaid expenses b. Accounts receivable, c. Unearned revenue. d. Accrued liabilities. 6 Which of the Chipotle's balance sheet accounts shows the amount of cash Chipotle has paid in advance for expenses not yet incurred? 6 Which of the Chipotle's balance sheet accounts shows the amount of cash Chipotle has paid in advance for expenses not yet incurred? a. Prepaid expenses. b. Accounts receivable. c. Accrued liabilities, d. Unearned revenue. 7 Which of the company's liabilities is the result of Chipotle collecting cash from its customers before providing goods and services? a. Unearned revenue. b. Accrued liabilities c. Prepaid expenses. d. Accounts receivable. 8 cash that The operating activities section of the company's most recent statement of cash flows was paid for expenses before those expenses were incurred. a. Includes b.does not include 9 Calculate Chipotle's return on assets ratio (net income / total assets) over the last two reporting periods. Round to one decimal place (for example .01264 = 1.3%) Which year did Chipotle manage its assets more efficiently? a.2018 b.2019 10 Calculate Chipotle's debt to assets ratio (total liabilities / total assets) over the last two reporting periods. Did Chipotle's level of financial risk Increase or decrease between the two periods? a. Decrease. b. Increase Stayed the same