FIN-320 Milestone 1 TN

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Southern New Hampshire University *

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Apr 30, 2024

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Final Project- Milestone One FIN-320 Principles of Finance Module 2-2 Milestone 1 Southern New Hampshire University Tania Nora March 17,2024
Chipotle Mexican Grill Inc. is a restaurant chain founded in 1993 by Steve Ells. Chipotle serves customers a range of Mexican cuisine that ranges from: tacos, salads, quesadillas, burritos, burrito bowls, chips and salsa and a variety of meats. Financial Statement plays a crucial part in any business. Financial statements are written/recorded records of all financial activities of the company. Also, these financial statements are what a company uses to be able to ensure to give peace of mind to a company’s investors that the company is doing well. The use of financial documents is also used to file taxes, as well as to be able to evaluate how the company is progressing. Using Mergent Online I was able to get the Financial Statement as of 12/31/23 and below you will find some important information on Chipotle’s finances. a. Total assets: $ 8,044,362 b. Total liabilities: $4,982,155 c. Current assets: $ 1,620,713 d. Current liabilities: $ 1,030,625 e. Net income: $1,228,737,000 f. Shares outstanding: 27,426,000. g. Earnings per share (EPS): 44.34 h. Total revenue: $9,871,649,000 i. Shareholders' equity (deficit): $3,062,207
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