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How much cash did All States M.E.D. pay for interest during the period?

All_States_M_E_D Franchise · 2024 FDD

Answer from 2024 FDD Document

Supplementary disclosure of cash flow information:
Cash paid during the period for:
Interest $ - -
Income taxes $ - -

Source: Item 23 — RECEIPTS (FDD pages 44–174)

What This Means (2024 FDD)

According to All States M.E.D.'s 2024 Franchise Disclosure Document, the company paid no cash for interest during the reporting period. The financial statement shows a value of "$ - -" for interest paid.

This indicates that All States M.E.D. did not have any significant interest expenses during the period covered by the financial statement. This could be due to a lack of debt or favorable financing terms.

For a prospective franchisee, this information provides insight into the financial management and capital structure of All States M.E.D. A franchisee may want to inquire about the company's debt policy and how it manages its finances to maintain low-interest payments.

Disclaimer: This information is extracted from the 2024 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.