Does the Crave Cookies Statement of Cash Flows include cash flows from financing activities?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Crave Cookies Franchising, LLC, which comprise the balance sheet as of December 31, 2024, and the related statements of income, members' equity, and cash flows for the year then ended, and the related notes to the financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
Based on the 2025 Crave Cookies FDD, the Independent Accountants' Audit Report states that they audited the financial statements of Crave Cookies Franchising, LLC, which include the statement of cash flows.
Specifically, the report mentions that the audit covers the balance sheet, income statement, members' equity, and cash flows. This indicates that a statement of cash flows is part of Crave Cookies's financial reporting. However, the excerpts provided do not contain the actual Statement of Cash Flows, so it is not possible to determine if the statement of cash flows includes cash flows from financing activities.
To determine if Crave Cookies's statement of cash flows includes cash flows from financing activities, a prospective franchisee should review the complete financial statements in Item 21 of the FDD and consult with a financial advisor.