Does the Crave Cookies Statement of Cash Flows include cash flows from investing activities?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
ve Cookies Franchising, LLC Holladay, Utah
To the Members of Crave Cookies Franchising, LLC:
Opinion
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 balance sheet, statements of income, members' equity, and cash flows. The notes to the financial statements also discuss cash and cash equivalents. For the statement of cash flows, Crave Cookies considers short-term investments with an original maturity of three months or less to be cash equivalents.
While the audit reports confirm the existence of a statement of cash flows, the excerpts do not provide a detailed breakdown of the cash flow categories, such as operating, investing, and financing activities. The excerpts do not specify whether cash flows from investing activities are explicitly listed in the Crave Cookies' statement of cash flows.
A prospective Crave Cookies franchisee should request a full copy of the financial statements, including the statement of cash flows, to understand how the company classifies its cash flows. This will help them assess the company's financial health and how it uses its cash.