What was the net accounts receivable amount for Expense Reduction Analysts in 2022?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
of Noncontrolling Interest | | 4 | - | 2,468 | (2,468) | 1 4 | | Net Income | | - | | 1,142,947 | 8,779 | 1,151,726 | | BALANCE - DECEMBER 31, 2023 | 18,777,777 | $ 18,778 | $ 4,209,422 | $ 1,237,283 | $ 32,360 | $ 5,497,843 |
| 2023 | () | restated) 2022 | ||
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | 277.7 | |||
| Net Income | $ | 1,151,726 | $ | 156,786 |
| Adjustments to Reconcile Net Income to Net Cash | ||||
| Provided (Used) by Operating Activities: | ||||
| Depreciation and Amortization | 16,176 | 8,120 | ||
| Noncash Operating Lease Expense | (83) | 752 | ||
| Deferred Income Taxes | 126,213 | (25,851) | ||
| Effects of Changes in Operating Assets and Liabilities: | ||||
| Accounts Receivable |
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the change in accounts receivable was $95,648 in 2022. This figure reflects the net increase or decrease in the amount of money owed to Expense Reduction Analysts by its clients or franchisees during that year.
For a prospective franchisee, understanding the accounts receivable trends of Expense Reduction Analysts can provide insights into the company's financial health and the efficiency of its revenue collection processes. An increase in accounts receivable might suggest growing sales, but it could also indicate difficulties in collecting payments. Conversely, a decrease might indicate efficient collection or a slowdown in sales.
It's important to note that this figure represents the change in accounts receivable, not the total outstanding balance. A prospective franchisee should consider this change in the context of Expense Reduction Analysts' overall financial performance and ask the franchisor about their accounts receivable management practices. Understanding how Expense Reduction Analysts manages its receivables can help a franchisee anticipate potential cash flow patterns and financial stability.