Jonathon Has a Business That He Has Franchised to 10

Jonathon has a business that he has franchised to 10 franchisees over the last 6 years.In seeking additional franchises,which of the following is true about financial disclosures to potential new franchisees?

A) He must include income statements and balance sheets for each franchisee that has been in operation for 3 years or more.
B) He must include financial forecasts and appropriately label them.
C) He must include hypothetical examples and appropriately label them.
D) He must include aggregate income statements and balance sheets,which combine amounts for all franchises that have been in business 3 years or more.
E) He must include 3 years of income statements and balance sheets for the franchisor.