table_specific

What were the total current assets for City Publications in the most recent period shown in Item 23?

City_Publications Franchise · 2025 FDD

Answer from 2025 FDD Document

AS OF DECEMBER 31,
2024 2023
ASSETS:
CURRENT ASSETS
Cash and equivalents

Source: Item 23 — RECEIPT (FDD pages 39–129)

What This Means (2025 FDD)

According to City Publications' 2025 Franchise Disclosure Document, the company's financial statements include a balance sheet as of December 31, 2024, and 2023. The total current assets for City Publications as of December 31, 2024, were $476,077. In comparison, the total current assets as of December 31, 2023, were $44,554.

This information is crucial for prospective franchisees as it provides a snapshot of the company's financial health and liquidity. Current assets are those that can be converted into cash within a year, and a higher value generally indicates a stronger short-term financial position.

The increase in total current assets from 2023 to 2024 could be a positive sign, potentially indicating improved financial management or increased profitability. A prospective franchisee should analyze these figures in conjunction with other financial data provided in Item 23, such as liabilities and net income, to gain a comprehensive understanding of City Publications' financial stability and performance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.