For Aplus, on what page of the Index to Consolidated Financial Statements can I find information regarding Acquisitions and Divestitures?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| Report of Independent Registered Public Accounting Firm (PCAOB ID Number 248) | F-2 |
|---|---|
| Consolidated Balance Sheets | F-4 |
| Consolidated Statements of Operations and Comprehensive Income | F-5 |
| Consolidated Statements of Equity | F-6 |
| Consolidated Statements of Cash Flows | F-7 |
| Notes to Consolidated Financial Statements | F-8 |
| 1.Organization and Principles of Consolidation | F-8 |
| 2. Summary of Significant Accounting Policies | F-8 |
| 3. Acquisitions and Divestitures | F-13 |
| 4. Accounts Receivable, net | F-14 |
| 5. Inventories, net | F-14 |
| 6. Property and Equipment, net | F-15 |
| 7. Goodwill and Other Intangible Assets | F-15 |
| 8. Accrued Expenses and Other Current Liabilities | F-16 |
| 9. Long-Term Debt | F-17 |
| 10. Other Non-Current Liabilities | F-18 |
| 11. Related-Party Transactions | F-19 |
| 12. Revenue | F-19 |
| 13. Commitments and Contingencies | F-22 |
| 14. Assets Under Operating Leases | F-24 |
| 15. Interest Expense, net | F-25 |
| 16. Income Tax Expense | F-25 |
| 17. Partners' Capital | F-26 |
| 18. Unit-Based Compensation | F-28 |
| 19. Segment Reporting | F-28 |
| 20. Net Income per Common Unit | F-30 |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, information regarding Acquisitions and Divestitures can be found on page F-13 of the Index to Consolidated Financial Statements. This information is located within the Notes to Consolidated Financial Statements.
Specifically, Note 3 of the Notes to Consolidated Financial Statements is dedicated to outlining Acquisitions and Divestitures. This indicates that Aplus has likely engaged in such transactions, and the details are considered important enough to warrant a separate note in their financial statements.
For a prospective franchisee, this information can be useful in understanding Aplus's growth strategy, financial stability, and how the company manages its assets and liabilities through acquisitions and divestitures. Reviewing this section can provide insights into the company's past transactions and potential future plans, which may impact the franchise system.