For Aunt Millies Bakeries, what was the amount of accrued stockholder distributions not paid in 2023?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
rket participants would use in pricing an asset or liability.
All marketable securities are classified as available for sale and are carried at fair value, determined using level 1 inputs. The investments consist principally of common stock and mutual funds and had a cost of $67,400 at September 30, 2023 and 2022. Fair value approximated $67,400 at September 30, 2023 and 2022.
NOTE 3 - CASH FLOWS
Supplemental disclosures of cash flow information for the year ended September 30, 2023 and 2022 are as follows:
| 2023 | 2022 | |
|---|---|---|
| Noncash investing and financing activities | ||
| Issuance of notes receivable - distributor routes, offset | ||
| by deferred revenue, net of adjustments | $ 665,946 | $ (21,400) |
| Accrued stockholder distributions not paid | 4,946,915 | |
| Additiona |
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to Aunt Millies Bakeries's 2025 Franchise Disclosure Document, the amount of accrued stockholder distributions not paid in 2023 was $4,946,915. This figure is part of the noncash investing and financing activities reported in the document.
This information is relevant to potential franchisees as it provides insight into the financial activities of Aunt Millies Bakeries. Accrued stockholder distributions represent profits allocated to stockholders that have not yet been paid out. A large amount of accrued but unpaid distributions could indicate various financial strategies or situations within the company.
Prospective franchisees should consider this information in the context of Aunt Millies Bakeries's overall financial health and stability. It may be beneficial to inquire with the franchisor about the reasons for the accrued distributions and the plans for future payment. Understanding the company's financial practices can help franchisees make informed decisions about their investment.