What was the reported amount of Best Brains' common stock in the earlier year presented?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Stockholders' Equity | |||||
|---|---|---|---|---|---|
| Common stock | 1,000 | 1,000 | |||
| Additional paid in capital | 121,375 | 121,375 | |||
| Retained earnings | 77,883 | 66,758 | |||
| Total Stockholders' Equity | 200,258 | 189,133 | |||
| Total Liabilities And Stockholders' Equity | $ 5,595,738 | $ 4,336,162 |
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the amount of common stock reported was $1,000 for the earlier year presented. The FDD provides a balance sheet detailing Best Brains' liabilities and equity.
Specifically, under the Stockholders' Equity section, the line item for 'Common stock' shows a value of $1,000 in both the current and prior years. This indicates that the value of Best Brains' common stock has remained constant over the period covered by the balance sheet.
Prospective franchisees can use this information to assess the financial stability and capital structure of Best Brains. While the common stock value itself is a small figure, it's part of a larger picture that includes additional paid-in capital and retained earnings, which collectively contribute to the total stockholders' equity. Reviewing these figures in conjunction with liabilities can provide insights into the company's overall financial health.