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What was the accumulated amortization for cost in the first column related to Gold Star?

Gold_Star Franchise · 2025 FDD

Answer from 2025 FDD Document

-----------------|-----|---------------------------------|------------------------------------| | | | 2024 | _ | 2023 | 2022 | | Raw Materials | $ | 226,478 | $ | 182,746 | $ 194,633 | | Store Invento

Source: Item 23 — Receipts (FDD pages 53–163)

What This Means (2025 FDD)

According to Gold Star's 2025 Franchise Disclosure Document, the accumulated amortization for cost in the first column is $83,112. This figure represents the cumulative amount of amortization expenses recognized up to a specific point in time for costs associated with the Gold Star Chili, Inc.

For a prospective franchisee, understanding accumulated amortization is crucial for assessing the financial health and performance of Gold Star. Amortization is the process of spreading the cost of an intangible asset over its useful life. A higher accumulated amortization suggests that a significant portion of the asset's cost has already been expensed.

This information is typically used by investors and analysts to evaluate a company's profitability and asset management efficiency. Franchisees may want to further investigate the nature of the costs being amortized to understand their impact on the overall financial statements.

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.