Note 5 - Goodwill

9 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Goodwill Disclosure [Text Block]

NOTE 5. GOODWILL

Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in business combinations. Goodwill comprised of the following amounts:

	March 31, 201 7		June 30, 2016
			As Adjusted
Trained workforce – Gourmet Foods	$	51,978	$	51,978
Trained workforce - Brigadier		75,795		75,795
Goodwill – Gourmet Foods		45,669		45,669
Goodwill - Brigadier		45,814		45,814
	$	219,256	$	219,256

 

The Company tests for goodwill impairment at each reporting unit. There was

no

goodwill impairment for the

three

months and

nine

months ended

March

31,

2017

and

2016