What are the potential risks associated with the 'Accounting term assets and liabilities' for Sonesta Simply Suites?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
899 | $ 255 | $ 87,652 | $ (9,676) | $ 78,231 |
RED LION HOTELS CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS
(dollars in thousands)
| Tolking from printing activities: Net income (loss) ( 20, 10) $ 1, 107 $ ( 3, 10) Adjustments to reconcile net loss to cash provided by (used in) operating activities: $ 1, 100 $ 3, 30 Propreciation and amoritation 1,514 3, 60 3, 70 Amoritation of key money and contract costs 1,514 3, 60 7 Amoritation of contract liabilities 1,912 1,912 1,912 Peberferd income taxes 1,912 1,912 1,912 Other for (expense), net 1,912 1,912 1,912 Designion sale of hotel 1,913 4,912 1,912 Account general trabilities 1,913 4,912 1,912 Accounting term assets and liabilities 1,914 4,912 1,912 Accounting term assets and propriate passes and other current assets 1,914 4,912 4,912 Accounting term assets and liabilities 3,134 4,912 4,912 Account propriate principal tradities 1,243 4,52 4,52 Account propriate principal tradities 3,134 4,52 | | Decembe | | | ember 31, | r 31, | | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)
What This Means (2025 FDD)
I am unable to provide information regarding the potential risks associated with the 'Accounting term assets and liabilities' for Sonesta Simply Suites, according to the 2025 Franchise Disclosure Document. The excerpt mentions 'Accounting term assets and liabilities' within a table, but it does not provide specific details or explanations about what this term encompasses or any potential risks associated with it. To fully understand the implications, a prospective franchisee should inquire directly with Sonesta Simply Suites about the nature of these assets and liabilities, how they are accounted for, and what risks they might pose to the franchisee's financial stability.