What was the value of Common Stock shares for Carbones Pizzeria as of October 31, 2022?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
| Net income | $ 179,901 |
M&T PIZZA INCORPORATED AND SUBSIDIARIES Consolidated Statement of Changes in Stockholder's Equity For the Year Ended October 31, 2023
| Commo Shares | on Stock Amount | Common Stock nares Amount | Retained Earnings | Treasury stock | Total Equity |
|---|
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the value of Common Stock shares as of October 31, 2022, was $2,500. Additionally, the amount for Common Stock shares was $266,117, retained earnings totaled $707,489, treasury stock was listed as ($34,556), and the total equity was $941,550.
This information is part of the consolidated financial statements, which include M & T Pizza Incorporated and its wholly-owned subsidiaries. These figures reflect the financial position of the company at the end of its fiscal year, which concludes on October 31. The common stock value represents the capital raised from the sale of the company's stock.
The retained earnings figure indicates the accumulated profits that Carbones Pizzeria has reinvested back into the business rather than distributing as dividends. Treasury stock represents shares that the company has repurchased from the open market. Total equity is the residual value of assets after deducting liabilities, representing the ownership stake in the company.
Prospective franchisees should understand these figures as they provide a snapshot of the company's financial health and stability. While this data is historical, it can offer insights into how Carbones Pizzeria manages its capital and generates profits, which can be a useful factor when evaluating the franchise opportunity.