On what page of the Bombs Away FDD is the Profit & Loss Statement located?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
| Description | Page |
|---|---|
| Independent Accountant Audit Report 3-4 | |
| Profit & Loss Statement 5 | |
| Balance Sheet 6 | |
| Statement of Cashflows 7 | |
| Statement of Shareholders' Equity 8 | |
| Notes to Accompanied Financial Statements 9-12 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, the Profit & Loss Statement is located on page 5. This information is part of Item 21, which covers the financial statements of the company.
Specifically, the table of contents within Item 21 lists the Profit & Loss Statement along with other financial documents such as the Independent Accountant Audit Report, Balance Sheet, Statement of Cashflows, Statement of Shareholders' Equity, and Notes to Accompanied Financial Statements, providing a roadmap to find these statements within the FDD.
Prospective franchisees can use this information to quickly locate and review Bombs Away's financial performance. Reviewing the Profit & Loss Statement is a crucial step in understanding the financial health and stability of the franchisor, which can inform their decision-making process.