sisnmens > Open Assignment BACK Chipotle Mexican Grill began with a single locat
ID: 2523514 • Letter: S
Question
sisnmens > Open Assignment BACK Chipotle Mexican Grill began with a single location in 1993 and now operates more than 1,700 restaurants. Adepted versions of the company's balance sheets (in $c00) ollow. Chapter 32 12- Current assets Cash and ash equivalents $248,005 $419,465 Review Scere Obiective 15,043 39,965 58,152 415,199 Prepaid expenses and other current assets income tax receivable 4,795 6488 Total current assets Property, plant, & equipment, net Long-term investments Other assets Total assets 1,217220 622,939 1,106,964 4,718 2,725,066$2,527,317 Current liabilites 85,709 Accrued payroll and benents Accrued liabilities current labaries 245,71 30 p 3 5 7Explanation / Answer
COMMON SIZE BALANCE SHEET 2015 2014 Current Assets: cash and cash equivalenst 9.10% 16.60% Accounts receivable 1.40% 1.38% Inventory 0.55% 0.61% Prepaid expense 1.47% 1.38% Income tax receivable 2.13% 0.65% Investment 15.24% 13.40% Total current assets 29.89% 34.01% Property, Plant and equipment 44.67% 43.80% Long term investment 22.86% 19.63% Otherr assets 2.58% 2.56% Total Assets 100.00% 100.00% Liabilities and Shareholder's equity: Current Liabilities: Accounts payable 3.15% 2.75% Accrued payroll and benefits 2.38% 2.92% Accrued liabilties 4.74% 4.04% Total current liabilities 10.27% 9.72% Deferred liabilities 10.43% 9.53% Other liabilities 1.21% 1.12% Total liabilities 21.91% 20.38% Shareholder's equity: Common Stock 0.01% 0.01% Additional paid in capital 42.76% 41.11% Treasury stock -45.31% -29.63% Accumulated other incomes -0.03% -0.02% Retained earnings 80.65% 68.15% Total Shareholder's equity 78.09% 79.62% Total liabilities and shareholder's equity 100.00% 100.00%
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.