What was the increase/decrease in interest receivable for Bb.Q Chicken in 2022?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
AINED DEFICIT - ending | (3,554,585) | (3,662,473) |
Consolidated Statements of Cash Flow December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| Cash flows from operating activities: | ||
| Net Income (loss) | $ 107,888 | $ 94,548 |
| Adjustment to reconcile net income (loss) to net cash | ||
| used in operating activities: | ||
| Depreciation & amortization | 368,402 | 233,324 |
| Increase/Decrease in accounts receivable | (2,256,767) | (328,765) |
| Increase/Decrease in inventories | (1,570,2 |
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, in 2022, there was a decrease in interest receivable of $4,020. This figure is part of the adjustments made to reconcile net income (loss) to net cash used in operating activities. It reflects the change in the amount of interest Bb.Q Chicken expected to receive but had not yet collected during that year.
For a prospective franchisee, this indicates how Bb.Q Chicken manages its interest-related assets and cash flows. A decrease in interest receivable could suggest that the company collected more of its outstanding interest or that less interest was accruing. It's a component of the overall financial health and operational efficiency of the company.
It is important to note that this is just one line item in the cash flow statement. Franchisees should consider this figure in the context of other financial data, such as net income, depreciation, and changes in other assets and liabilities, to get a comprehensive understanding of Bb.Q Chicken's financial performance. Reviewing these figures over multiple years, as presented in the FDD, provides a more complete picture of trends and potential financial stability.