What were the total current assets for Golden Krust Caribbean Restaurant as of December 31, 2021?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
Attached to this Disclosure Document as Exhibit A are Golden Krust Franchising, Inc.'s financial statements for the fiscal years ending December 31, 2023, December 31, 2022, and December 31, 2021.
EXHIBIT A
FINANCIAL STATEMENTS
GOLDEN KRUST FRANCHISING, INC. CONSOLIDATED FINANCIAL STATEMENTS YEARS ENDED DECEMBER 31, 2023 AND 2022
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)
What This Means (2024 FDD)
According to Golden Krust Caribbean Restaurant's 2024 Franchise Disclosure Document, the consolidated balance sheets include the company's assets, liabilities, and equity as of December 31, 2022, and December 31, 2021. The report contains an auditor's opinion, stating that the financial statements present fairly the financial position of Golden Krust Franchising, Inc. as of December 31, 2022, and the results of its operations and its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. However, the specific value for total current assets as of December 31, 2021, is not disclosed in the provided excerpts.