What was the income tax for continuous operation for Bimbo Foods Bakeries Distribution in 2023?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
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| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Income tax of continuous operation | $ 6,797 | $ 8,386 $ | 14 |
Source: Item 14 — Other Accounts Payable and Accrued Liabilities (FDD pages 312–476)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, the income tax for continuous operation in 2023 was $8,386. This figure represents the income tax specifically related to the company's ongoing business activities, excluding any discontinued operations.
For a prospective franchisee, understanding the income tax of continuous operations provides insight into the financial health and stability of Bimbo Foods Bakeries Distribution. It demonstrates the company's ability to generate profit from its core business activities and manage its tax obligations effectively. This information can be useful in assessing the overall financial performance and potential profitability of the franchise.
It's important to note that this figure is specific to the 2023 fiscal year and may not be indicative of future tax liabilities. Factors such as changes in tax laws, business strategies, and economic conditions can impact the company's income tax obligations. Therefore, prospective franchisees should consider this information in conjunction with other financial data and consult with a financial advisor to make informed decisions.