What was the total value of cash and cash equivalents held by Carbones Pizzeria?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
dentified during the audit.
Arcadia, California
May 31, 2024
M&T PIZZA INCORPORATED AND SUBSIDIARIES Consolidated Balance Sheet October 31, 2023
Assets
| Cash and cash equivalents | $ 161,252 |
|---|---|
| Accounts receivable, net of allowance for doubtful accounts of |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to the 2025 Carbones Pizzeria FDD, the company's cash and cash equivalents are detailed in the consolidated financial statements. As of October 31, 2023, Carbones Pizzeria held $161,252 in cash and cash equivalents. For the year ended October 31, 2024, the FDD states that there were no cash equivalents.
Cash and cash equivalents are important because they represent the most liquid assets a company possesses. These assets can be readily used to meet short-term obligations, fund operations, or make new investments. The amount of cash and cash equivalents can be an indicator of the company's financial health and its ability to manage its day-to-day expenses and unexpected costs.
Prospective franchisees should consider the levels of cash and cash equivalents held by Carbones Pizzeria in relation to its liabilities and overall financial condition. A healthy cash balance suggests that the company is well-positioned to support its franchisees and manage its own financial obligations. However, it is also important to consider the context of these figures within the broader financial statements to gain a comprehensive understanding of the company's financial stability.