Solution-Put together a common-size income statement for

Put together a common-size income statement for each year

Reference no: EM133148295

Question - 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 $000s) are as follows:

	2017	2016
Revenue	$4,476,412	$3,904,384
Restaurant operating costs
Food, beverage, and packaging	1,535,428	1,365,580
Labor	1,205,992	1,105,001
Occupancy	327,132	293,636
Other operating costs	651,644	641,953
General and administrative expenses	296,388	276,240
Depreciation and amortization	163,348	146,368
Pre-opening costs	12,341	17,162
Loss on disposal of assets	13,345	23,877
Total operating expenses	4,205,618	3,869,817
Income from operations	270,794	34,567
Interest and other income (expense), net	4,949	4,172
Income before income taxes	275,743	38,739
Provision for income taxes	99,490	15,801
Net income	$176,253	$22,938

Required - Put together a common-size income statement for each year.

Reference no: EM133148295

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Put together a common-size income statement for each year

Reference no: EM133148295

Reference no: EM133148295

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