What was the total amount of retained earnings for Carbones Pizzeria as of October 31, 2021?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
nse | 56,702 | | Net income | $ 163,788 |
M & T Pizza Incorporated and Subsidiaries Consolidated Statement of Changes in Stockholder's Equity For the Year ended October 31, 2022
Controlling interest in equity
| Commo | on Stock | Additional paid in | Retained | Treasury |
|---|
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the company's retained earnings as of October 31, 2021, were $543,701. This figure represents the accumulated profits of Carbones Pizzeria that have been retained in the business rather than distributed as dividends to owners. Retained earnings are an important indicator of a company's financial health and its ability to reinvest in future growth.
For a prospective Carbones Pizzeria franchisee, understanding the retained earnings can provide insight into the financial stability and profitability of the company. A healthy retained earnings balance suggests that the company has been successful in generating profits and managing its finances effectively. This can be reassuring for franchisees who are considering investing in the brand.
It's also important to note that retained earnings are just one aspect of a company's overall financial picture. Franchisees should also consider other factors such as revenue, expenses, assets, and liabilities when evaluating the financial health of Carbones Pizzeria. Consulting with a financial advisor can help potential franchisees interpret these financial statements and make informed decisions about their investment.