Comparing Two Companies in the Same Industry: Chipotle and Panera Bread
Refer to the financial information for Chipotle and Panera Bread reproduced at the back of the book and answer the following questions.
1. What was the total revenue for each company for the most recent year? By what percentage did each company’s revenue increase or decrease from its total amount in the prior year? 2. What was each company’s net income for the most recent year? By what percentage did each company’s net income increase or decrease from its net income for the prior year? 3. What was the total asset balance for each company at the end of its most recent year? Among its assets, what was the largest asset each company reported on its year-end balance sheet? 4. Did either company pay its stockholders any dividends during the most recent year? Explain how you can tell.