What was the total value of other assets held by C12 Group in 2021?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
cial statements of which an unmodified opinion was expressed on those financial statements.
Schriver, Carmona & Company, PLLC
San Antonio, Texas March 15, 2023
Consolidated Balance Sheets December 31, 2022 and 2021
| Assets | 2022 | 2021 |
|---|
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, the consolidated balance sheets show the value of particular assets held by the company. In 2021, C12 Group had $155,640 in supplies inventory and other assets.
It is important to note that this figure represents only 'supplies inventory and other assets' within the current assets category. The FDD does not provide a specific breakdown of what constitutes 'other assets' beyond supplies inventory. A prospective franchisee should seek clarification from C12 Group regarding the composition of this line item to fully understand the nature of these assets.
Understanding the types and values of assets C12 Group holds can give a franchisee insight into the company's financial stability and resource allocation. Reviewing balance sheets over several years, if available, can reveal trends in asset management and potential areas of growth or concern.