factual

What was the reported amount of 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)

According to the 2025 Carbones Pizzeria Franchise Disclosure Document, the company considers all highly liquid debt instruments purchased with original maturities of three months or less to be cash equivalents.

For the year ending October 31, 2024, Carbones Pizzeria reported that there were no cash equivalents.

For a prospective franchisee, this information is relevant in understanding the company's financial practices and how they manage their liquid assets. The absence of cash equivalents in 2024 might reflect changes in investment strategies or cash management practices, which could be further explored by a potential franchisee during their due diligence.

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.