HEATLEY INTERNATIONAL

INCOME STATEMENT

FY $201$X

REVENUES

COST OF GOODS SOLD

Cost of Goods Sold $$0$

GROSS PROFIT $($GROSS MARGIN$)$ $$0$

OPERATING EXPENSES

Selling Expenses

Total Selling Expenses $$0$

General Expenses

Total General Expenses $$0$

Total Operating Expenses $$0$

NET PROFIT $($INCOME$)$ BEFORE TAXES $$0$

Less: Income Tax Expenses $(25\%)$ $$0$

NET PROFIT $($INCOME$)$ AFTER TAXES $$0$

Introduction to Business $($Carcioppolo$)$

Name: $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

WHEATLEY INTERNATIONAL

BALANCE SHEET

December $31,201$X

ASSETS

Current Assets

Total Current Assets $$0$

Fixed Assets

Total Fixed Assets $$0$

Other Assets

Total Other Assets $$0$

TOTAL ASSETS $$0$

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities

Total Current Liabilities $$0$

Long$-$Term Liabilities

Total Long$-$Term Liabilities $$0$

Total Liabilities $$0$

Owner's Equity

Total Owners' Equity $$0$

TOTAL LIABILITIES AND

STOCKHOLDERS' EQUITY $$0$