What was the total value of Monicals Pizza's accounts payable in 2024?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
$ 24,487,539 | $ 26,439,259 |
CONSOLIDATED STATEMENTS OF INCOME
Monical Pizza Corporation & Subsidiaries………………...Bradley, Illinois…………For the Years Ended December 31,
2024 2023 45,815,328 1,005,855 46,585,248 46,821,183 11,953,858 17,728,791 5,702,647 3,828,519 1,165,083 4,935,692 173,597 163,266 (461,551) (33,290) 45,043,421 45,444,566 1,541,827 1,376,617 307,758 (34,864) 33,464 - (2,404) 307,531 303,954 1,849,358 1,680,571 $ 4.73 $ 4.30 391,250 $ 45,624,409 $ 960,839 11,176,742 18,051,846 5,779,342 4,022,912 1,119,873 5,180,660 306,125 (34,125) 35,531 391,250
CONSOLIDATED STATEMENTS OF OWNERS' EQUITY
Monical Pizza Corporation & Subsidiaries…………………..………...…...Bradley, Illinois……….....……………………………..For the Years Ended December 31,
| | No. of Shares | Amount | Paid i
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
I am unable to provide the specific value of Monicals Pizza's accounts payable for 2024, as this information is not present within the provided excerpts from the 2025 Franchise Disclosure Document. While the excerpts include consolidated balance sheets and statements of income, the specific line item for accounts payable is not detailed. The excerpts do contain the consolidated statements of income for the years ending December 31, 2024, and 2023. Also included are the auditor's consent and reports, which confirm the accuracy of the financial statements presented.
To obtain the accounts payable figure, a prospective Monicals Pizza franchisee should review the complete, audited financial statements for 2024, which would typically be included as part of Item 21 in the FDD. This section provides a detailed overview of the company's financial health and position.
It is essential for potential franchisees to understand Monicals Pizza's liabilities, including accounts payable, to assess the company's financial stability and manage their own financial planning effectively. Requesting and carefully examining these statements will offer a clearer picture of the company's short-term obligations and overall financial management practices.