For Expense Reduction Analysts, what was the restated amount for net cash used by investing activities?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
21 | 4,128,931 | 60,400 | 4,189,331 | | Net Income | 115,952 | 40,834 | 156,786 | | Total Stockholders' Equity, December 31, | | | o contract | | 2022 | 4,244,883 | 101,234 | 4,346,117 |
Consolidated Statement of Cash Flows for the year ended December 31, 2022:
| | | reviously Reported | ncrease Jecrease) | - 1 | Restated | |-------------
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the restated amount for net cash used by investing activities was $"(473,169)". This figure reflects adjustments made to previously reported financial data.
Specifically, the adjustment to the previously reported amount of $"(432,335)" was a decrease of $"(40,834)". This change resulted in the restated net cash used by investing activities being reported as $"(473,169)".
For a prospective Expense Reduction Analysts franchisee, understanding these restatements is crucial. It provides insight into how the company's financial activities are being refined and corrected over time, which can impact investment decisions and financial planning. It is important to investigate the reasons behind these restatements to fully understand the company's financial health and stability.