For Aunt Millies Bakeries, what was the value 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' 2025 Franchise Disclosure Document, the value of accrued stockholder distributions not paid in 2023 was $4,946,915. This figure is part of the noncash investing and financing activities reported by Aunt Millies Bakeries.
For a prospective franchisee, this indicates the company's financial obligations to its stockholders. Accrued stockholder distributions represent profits allocated to stockholders that have not yet been paid out. This liability is a part of the overall financial health assessment of Aunt Millies Bakeries.
Understanding the accrued stockholder distributions can help a franchisee assess the financial stability and capital allocation strategies of Aunt Millies Bakeries. While not directly impacting day-to-day franchise operations, it provides insight into how the company manages its finances and distributes profits.