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What was the change in cash and cash equivalents for Carbones Pizzeria?

Carbones_Pizzeria Franchise · 2025 FDD

Answer from 2025 FDD Document

The Company considers all highly liquid debt instruments purchased with original maturities of three months or less to be cash equivalents. There were no cash equivalents at October 31, 2024.

Source: Item 22 — CONTRACTS (FDD page 30)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, it is not possible to determine the change in cash and cash equivalents for Carbones Pizzeria. While the document includes notes to the consolidated financial statements for the years ended October 31, 2023 and October 31, 2024, and discusses the company's policies regarding cash and cash equivalents, it does not provide the specific figures for cash and cash equivalents at the beginning and end of either year. The notes do mention that the company considers highly liquid debt instruments with original maturities of three months or less to be cash equivalents and that there were no cash equivalents as of October 31, 2024.

Without the actual cash and cash equivalents figures, it's impossible to calculate the change in these assets over the specified periods. The FDD excerpts focus more on the accounting policies related to cash and receivables rather than providing a balance sheet or statement of cash flows.

A prospective Carbones Pizzeria franchisee should request the full financial statements, including the balance sheets and statements of cash flow, from the franchisor to fully understand the company's cash position and how it has changed over time. This information is essential for assessing the financial health and stability of the franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.