What was the total equity for Aunt Millies Bakeries on October 1, 2021?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | |
|---|---|---|
| Interest expense (amount reclassified from accumulated other comprehensive income) - Effective portion | $ - $ | 39,374 |
| Interest (income) expense - Ineffective portion | (236,034) | - |
| (Loss) Income recognized in other comprehensive income (loss) - Effective Portion | (281,013) | 307,182 |
| Gain recognized in net income |
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, the total equity as of October 1, 2021, was not explicitly listed in the provided excerpts. However, the document does include a table with equity information, but the dates provided do not include October 1, 2021.
Specifically, the table includes the following dates: September 30, 2024, September 30, 2023, September 25, 2022, and October 2, 2021. The total equity for these dates are listed as $11,736,622, ($5,256,940), ($458,749), and $307,182, respectively.
Because the exact date of October 1, 2021, is not present, a prospective franchisee should request this specific financial data from Aunt Millies Bakeries to gain a clearer understanding of the company's financial performance at that time. This information is crucial for making an informed investment decision.