What were the cash and cash equivalents for Afuri Ramen Dumpling in the most recent year presented?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
| 6 | | Notes to Financial Statements | 7-11 |
SKY ACCOUNTANCY CORPORATION
INDEPENDENT AUDITORS' REPORT
To the Board of Directors and Shareholder of Afuri Franchise, Inc.
Opinion
We have audited the accompanying financial statements of Afuri Franchise, Inc. (the "Company"), which comprise the balance sheet as of December 31, 2023, and the related statements of operations, changes in stockholder's equity, and cash flows for the year then ended, and the related notes to the financial statements.
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the company's balance sheet as of December 31, 2023, was audited. However, the specific value for 'cash and cash equivalents' is not detailed in the provided excerpts.
Without this figure, prospective franchisees cannot assess the company's liquid assets or overall financial health at the end of the most recent fiscal year. This information is crucial for understanding Afuri Ramen Dumpling's ability to meet its short-term obligations and invest in future growth.
To gain a comprehensive understanding of Afuri Ramen Dumpling's financial position, it is recommended that potential franchisees ask the franchisor directly for the audited balance sheet and related financial statements. This will provide clarity on the company's cash and cash equivalents, as well as other key financial metrics.