question archive Decision Case 3-1/Chipotle and Panera - 3 Questions for each company Which is the largest expense for each company in the most recent year? What is its dollar amount? Explain why this might be the largest expense given the nature of each company's business
Decision Case 3-1/Chipotle and Panera - 3 Questions for each company Which is the largest expense for each company in the most recent year? What is its dollar amount? Explain why this might be the largest expense given the nature of each company's business
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Decision Case 3-1/Chipotle and Panera - 3 Questions for each company Which is the largest expense for each company in the most recent year? What is its dollar amount? Explain why this might be the largest expense given the nature of each company's business. One of the accounts on each company's income statement is "General and administrative expenses for each of the two most recent years, compute the ratio of this expense to Total revenues for each company Did this ratio increase or decrease from one year to the next for each company? Which company has the lower ratio in each of the two years? Compute the ratio of income tax expense (Chipotle uses the term "Provision for income taxes to income before income taxes for the two most recent years for each company, Did this ratio increase or decrease from one year to the next for each company? Which company has the lower ratio for each of the two years Chapter 4: Decision Case: 4-1/Chipotle and Paners-4 Questions for each company Locate the note in each company's annual report included in its Form 10 K for the 2015 year in which it discusses revenue recognition. How does each company describe the point at which it recognizes revenue from customers? Are there any significant differences in the organizations revenue recognition policies? What dollar amount does Chipotle report for accounts receivable on its most recent balance sheet? What percent of the company's total current assets are comprised of accounts receivable? What is the dollar amount of Panera Bread's trade accounts receivable on its most recent balance sheet? What percent of total current assets is comprised of accounts receivable? For which company does its accounts receivable constitute higher percentage of its total currentes? Chapter 3: Decision Case 3-1/Chipotle and Panera - 3 Questions for each company: Which is the largest expense for each company in the most recent year? What is its dollar amount? Explain why this might be the largest expense given the nature of each company's business. One of the accounts on each company's income statement is "General and administrative expenses." For each of the two most recent years, compute the ratio of this expense to Total revenues for each company. Did this ratio increase or decrease from one year to the next for each company? Which company has the lower ratio in each of the two years? Compute the ratio of income tax expense (Chipotle uses the term "Provision for income taxes") to income before income taxes for the two most recent years for each company. Did this ratio increase or decrease from one year to the next for each company? Which company has the lower ratio for each of the two years Chapter 4: Decision Case: 4-1/Chipotle and Panera - 4 Questions for each company: Locate the note in each company's annual report included in its Form 10- K for the 2015 year in which it discusses revenue recognition. How does each company describe the point at which it recognizes revenue from customers? Are there any significant differences in the organizations' revenue recognition policies? What dollar amount does Chipotle report for accounts receivable on its most recent balance sheet? What percent of the company's total current assets are comprised of accounts receivable? What is the dollar amount of Panera Bread's trade accounts receivable on its most recent balance sheet? What percent of total current assets is comprised of accounts receivable? For which company does its accounts receivable constitute a higher percentage of its total current assets? . Chapter 3: Decision Case 3-1/Chipotle and Panera - 3 Questions for each company: Which is the largest expense for each company in the most recent year? What is its dollar amount? Explain why this might be the largest expense given the nature of each company's business. One of the accounts on each company's income statement is "General and administrative expenses." For each of the two most recent years, compute the ratio of this expense to Total revenues for each company. Did this ratio increase or decrease from one year to the next for each company? Which company has the lower ratio in each of the two years? Compute the ratio of income tax expense (Chipotle uses the term "Provision for income taxes") to income before income taxes for the two most recent years for each company. Did this ratio increase or decrease from one year to the next for each company? Which company has the lower ratio for each of the two years . Chapter 4: Decision Case: 4-1/Chipotle and Panera - 4 Questions for each company: Locate the note in each company's annual report included in its Form 10- K for the 2015 year in which it discusses revenue recognition. How does each company describe the point at which it recognizes revenue from customers? Are there any significant differences in the organizations' revenue recognition policies? What dollar amount does Chipotle report for accounts receivable on its most recent balance sheet? What percent of the company's total current assets are comprised of accounts receivable? What is the dollar amount of Panera Bread's trade accounts receivable on its most recent balance sheet? What percent of total current assets is comprised of accounts receivable? For which company does its accounts receivable constitute a higher percentage of its total current assets?
