Does the table provide specific financial data related to Deer Solution's cash flows?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
wood Dr STE 100, Bedford, Texas 76022
Cell: 214-200-5434 (Mohamed Metwally) Mmetwally@metwallycpa.com
Independent Auditor's Report
To the Members of Deer Solution Franchising, LLC
Opinion
We have audited the accompanying financial statements of Deer Solution Franchising, LLC (the Company), which comprise the balance sheets as of December 31, 2024 and 2023 and the related statements of operations, members' equity (deficit), and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Deer Solution Franchising, LLC as of December 31, 2024 and 2023 and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
According to the 2025 Deer Solution FDD, while there isn't a specific table detailing cash flow data, the auditor's reports included in Item 23 mention that the financial statements comprise balance sheets, statements of operations, members' equity, and cash flows for the years ended December 31, 2024 and 2023. These statements are audited in accordance with generally accepted auditing standards.
Furthermore, the notes to the financial statements explain accounting policies, including how Deer Solution defines cash equivalents for the statement of cash flows. Cash equivalents include bank accounts and cash in transit for bank deposits with maturities of three months or less.
While the FDD includes the auditor's report and notes to the financial statements, it does not present the actual statements of cash flows. A prospective franchisee would need to request these statements to review Deer Solution's cash inflows and outflows for a comprehensive understanding of the company's financial health.