What was the net value of accounts receivable 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 changes in accounts receivable are detailed in the consolidated statements of cash flow. In 2022, Expense Reduction Analysts experienced an increase in accounts receivable of $95,648.
This figure reflects the net change in accounts receivable during the year, meaning the difference between the beginning and ending balances. An increase in accounts receivable generally suggests that Expense Reduction Analysts recognized more revenue than cash collected during that period.
For a prospective franchisee, this information provides insight into the company's cash management and revenue collection efficiency. Monitoring accounts receivable trends can help in understanding the working capital requirements and potential cash flow challenges within the Expense Reduction Analysts franchise system.