Does the Crave Cookies Statement of Cash Flows include information about interest paid?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
Independent Accountants' Audit Report
Crave 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 excerpts, it's not possible to determine whether the Statement of Cash Flows includes specific information about interest paid. While the provided excerpts include independent auditor's reports that mention the "statements of cash flows" as part of the audited financial statements, they do not provide the actual statements or detailed information about their contents.
Several notes to the financial statements are included, covering topics such as the nature of operations, accounting policies, accounts receivable, inventories, and related-party transactions. However, none of these notes specifically address interest paid or provide details about the presentation of interest expenses in the Statement of Cash Flows.
To determine whether the Crave Cookies Statement of Cash Flows includes information on interest paid, a prospective franchisee should review the complete financial statements in the FDD or ask the franchisor directly for clarification on this matter. Understanding how interest expenses are reported is crucial for assessing the company's financial performance and cash management.