What was the total cost of Mutual Funds investments for Craters & Freighters as of December 31, 2022?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
Note 2: Marketable Securities (Continued)
As of December 31, 2023 and 2022, the following is a summary of the investment costs and fair value:
| Gross | Gross | |||
|---|---|---|---|---|
| Unrealized | Unrealized | Fair Market | ||
| December 31, 2023 | Cost | Gains | Losses | Value |
| Investments | ||||
| Money Market Funds | $ 32,240 | $ - | $ - | $ 32,240 |
| Mutual Funds | 11,685 | - | (1,500) | 10,185 |
| Equities and Other Funds | 338,874 | 253,570 | - | 592,444 |
| $ 382,799 | $ 253,570 | $ (1,500) | $ 634,869 | |
| Gross Unrealized | Gross Unrealized | Fair Market | ||
| December 31, 2022 | Cost | Gains | Losses | Value |
| Investments | ||||
| Money Market Funds | $ 46,672 | $ - | $ - | $ 46,672 |
| Mutual Funds | 24,0 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, as of December 31, 2022, the total cost of their mutual fund investments was $24,040. These investments had gross unrealized gains of $3,100 and gross unrealized losses of $227, resulting in a fair market value of $26,913.
This information is part of Craters & Freighters' audited financial statements, providing transparency into the company's investment activities. The figures reflect the cost basis of the mutual funds and how their market value has changed over time, showing both gains and losses.
For a prospective franchisee, this indicates how Craters & Freighters manages its finances and invests its capital. Understanding these investment strategies can provide insight into the financial health and stability of the company. Reviewing these figures over several years, as presented in the FDD, can reveal trends and patterns in Craters & Freighters' investment performance.