What was the total amount of other assets held by Best Brains as of December 31, 2023?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
tances, but not for the purpose of expressing an opinion on the effectiveness of Best Brains Inc's internal control. Accordingly, no such opinion is expressed.
- Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
- Conclude whether, in our judgment, there are conditions or events considered in the aggregate that raise substantial doubt about Best Brains Inc's ability to c
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the company's balance sheet lists "Other Current Assets." As of December 31, 2023, Best Brains had $15,822 in other current assets.
This figure is part of the broader "Total Current Assets" which amounted to $4,040,872 on that date. Reviewing the assets and liabilities can provide insight into the financial stability of Best Brains.
Prospective franchisees should carefully examine the complete financial statements and consult with a financial advisor to understand the implications of these figures for their investment.