What was the total amount of cash and cash equivalents held by Gokhale Method in 2022?

According to Gokhale Method's 2024 Franchise Disclosure Document, the company's cash and cash equivalents totaled $120,141 in 2022. This figure represents the amount of readily available funds the company had at its disposal as of December 31, 2022. This information is derived from the balance sheet included in the FDD.

For a prospective franchisee, this number provides a snapshot of Gokhale Method's financial health and liquidity at that specific point in time. It is essential to consider this figure in conjunction with other financial metrics and trends to gain a comprehensive understanding of the company's overall financial stability. A healthy cash balance can indicate the company's ability to meet its short-term obligations and invest in future growth.

It is important to note that this figure is as of the end of 2022 and may not reflect the current cash position of Gokhale Method. Prospective franchisees should review the most recent financial statements available and inquire about any significant changes in the company's cash balance since that date. Additionally, understanding how Gokhale Method manages its cash flow and working capital can provide further insights into its financial management practices.