What was the current-period change reported for Aunt Millies Bakeries as of September 30, 2022?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
of the corresponding lease.
The lease is an operating lease and is included in the adoption of ASC 842 (Note 6). The balance of the deferred gain was approximately $2,368,000 and $2,604,000 at September 30, 2024 and 2023, respectively, which is recorded in accrued expenses (short term) and other liabilities (long term) on the consolidated balance sheets.
NOTE 12 - ACCUMULATED OTHER COMPREHENSIVE INCOME
Accumulated other comprehensive income components were as follows at September 30, 2024 and 2023:
| October 1, 2022 | $ | 2
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to Aunt Millies Bakeries's 2025 Franchise Disclosure Document, the current-period change as of September 30, 2022, is detailed in a table presenting financial data. The table indicates a current-period change of $(281,013), $556,711, and $275,698.
These figures likely represent changes in different financial categories, although the specific categories are not labeled in the provided excerpt. It is important to note that there are discrepancies in the formatting of the table, with some values having a negative sign and others being enclosed in parentheses to denote negative values.
A prospective Aunt Millies Bakeries franchisee should seek clarification from the franchisor regarding the exact meaning of these figures and the categories they represent. Understanding these changes is crucial for assessing the financial performance and stability of the franchise opportunity. It is also important to understand the reason for the discrepancies in the formatting of the table.