STATEMENT OF OPERATIONS
(General Business Case)
For the Month Ended
09/30/14
September
Actual
Forecast
Variance
Cumulative
(Case to Date)
Next Month
Forecast
Revenues:
$5,246
FN2
$1,000
$4,246
1
Gross Sales
$11,571,304
$1,600
$0
$0
2
less: Sales Returns & Allow. & ForeignTax Whdg
$641,250
$0
$5,246
$1,000
$4,246
3
Net Sales
$10,931,562
$1,600
$0
4
less: Cost of Goods Sold (Schedule 'B')
$0
$5,246
$1,000
$4,246
5
Gross Profit
$10,931,562
$1,600
$0
$0
6
Interest
$0
$78,333
$78,333
$0
7
Other Income:
Current portion of prepaid royalty
$1,409,994
$78,333
$0
$0
$0
8
Vendor Refund
($2,182)
$0
($11,750)
(11,750)
$0
9
Less: Cost of Revenue
($5,813,816)
(11,750)
$71,829
$67,583
$4,246
10
Total Revenues
$6,525,557
$68,183
