Where can I find the Statement of Cashflows for Chocolate Bash in the FDD?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
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Source: Item 21 — FINANCIAL STATEMENTS (FDD page 38)
What This Means (2024 FDD)
According to Chocolate Bash's 2024 Franchise Disclosure Document, the Statement of Cashflows can be found on page 7. Item 21 includes the audited financial statements from December 31, 2023, December 31, 2022, and December 31, 2021. These financial statements are part of Exhibit D.
The financial statements include the Independent Accountant Audit Report, Profit & Loss Statement, Balance Sheet, Statement of Cashflows, Statement of Shareholders' Equity, and Notes to Accompanied Financial Statements.
The Statement of Cashflows provides a summary of the cash inflows and outflows of Chocolate Bash over a period of time. It's a key indicator of the company's financial health, showing how well it manages its cash to pay debts and fund its operating expenses.