BUS 350 Week 2 Discussion 2 | Assignment Help | Excelsior College
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BUS 350 Week 2 Discussion 2 | Assignment Help | Excelsior College
M2.4
Discussion: 10-K Chipotle Case Study (Optional, Ungraded)
This activity aims
to help you with the discussion activity that follows.
In late 2015 and 2016, Chipotle
Mexican Grill (Links to an external site.) a popular
restaurant experienced a dramatic change in fortunes seen in its 2019 Statement
of Income (Chipotle,
Item 6, “Selected Financial Data” (Links to an external site.), p. 28). As an
optional exercise in thought and exploration that you are not responsible for
reporting on in this discussion, see if you can identify this change and the
likely reason for it by consulting the Statement of Income and materials found
in its 2016 10-K.
·
(2019). 10-K
Chipotle - Item#8 (Links to an external site.). Chipotle
Corporation.
·
(2016). 10-K
Chipotle - Item#7 (Links to an external site.). Chipotle
Corporation.
Examining the Table of Contents, you
may notice phrases such as “risk,” and “financial condition and results of
operations” offering insight into a firm’s financial condition or results. What
do you think may have happened that affected this firm so dramatically? How is
this depicted in the firm’s financial statements? Does this illustrate a longer
term risk or characteristic associated with this firm? These questions are for
you to think about, and you do not have to supply formal answers.
Chipotle is a listed firm, and thus you will find its financial
information published electronically either on the firm’s website or through
the Securities and Exchange Commission’s (SEC) EDGAR
Database (Links to an external site.).
USA 
India