Please answer

Question 1 - Using what you learned in previous courses and from reading the Business Summary document -- what do you believe is Chipotle Mexican Grills competitive advantage?

Question 2 - Using the Financial Statements document you can see that the total book value of Chipotle Mexican Grill total stockholder's equity was $2,297,374,000 divided by 28,132,000 share outstanding on December 31, 2021 give a book value per share on that date of $88.66. On this same date the stock market valued one share of Chipotle stock at $1,748 per share times 28,132,000 shares for a total equity value for the company of $49,174,736,000. This is a difference of approximately $47 billion or $1,600 per share. Please explain how you believe there could be such a big difference between what the accountants say is the stockholder book value and what the market indicates Chipotle's stock value to be. Please discuss why you believe this could be justified (listing specific reasons) or why you believe this difference is unjustified (also listing specific reasons).

https://ir.chipotle.com/

Financial Statements for Chipotle Mexican Grill from the 2021 10K.docx

2021 Business Summary ffor Chipotle Mexican Grill.docx