What were the total current assets for Gokhale Method in 2021?

According to Gokhale Method's 2024 Franchise Disclosure Document, the company's total current assets in 2021 were $125,461. This figure represents the sum of cash and cash equivalents, accounts receivable, and other current assets held by Gokhale Method at the end of that fiscal year.

For a prospective franchisee, understanding the franchisor's asset position can provide insights into the financial health and stability of the company. Current assets are particularly important as they reflect the company's ability to meet its short-term obligations and invest in future growth. A higher value of current assets relative to current liabilities generally indicates a stronger financial position.

It's important to note that these figures are based on accounting principles generally accepted in the United States of America. Additionally, management makes certain estimates and assumptions relating to the reporting of assets, and actual results could differ from these estimates. Franchisees should consider these figures in conjunction with other financial metrics and qualitative factors when evaluating the franchise opportunity.