What was the total Common Stock balance for City Publications as of December 31, 2021?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| Common Stock | |
|---|---|
| BALANCE, DECEMBER 31, 2021 | $ 1,000 |
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, the Common Stock balance as of December 31, 2021, was $1,000. This represents the par value of the shares issued and outstanding for City Publications.
The Common Stock balance is a component of the overall shareholders' equity, which also includes additional paid-in capital, retained earnings, and due from affiliates. These figures provide a snapshot of the company's financial structure and how it's financed through equity.
Prospective franchisees should note that while the Common Stock balance remains consistent across the reported years (2021-2024), other elements of shareholders' equity, such as retained earnings and due from affiliates, fluctuate. Reviewing these trends can offer insights into the financial performance and stability of City Publications.