XML 17 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Feb. 28, 2018
Feb. 28, 2017
Operating activities    
Net Income $ 100,830 $ 52,716
Adjustments to reconcile net income to cash flows (used in)/provided by operating activities:    
Depreciation and amortization 152 5,208
Provision for uncollectible accounts, net of recoveries (1,163) (1,491)
Proceeds from sale of property and equipment 4,516
Changes in:    
Trade accounts receivable and notes receivable 8,816 (38,109)
Restricted cash 11,349 (15,704)
Marketing fund contributions receivable 2,582 (15,924)
Inventories 6,068 (11,855)
Prepaid expenses and other 6,614 (13,150)
Accounts payable 4,172 8,742
Accrued liabilities 27,529 (75,511)
Unexpended marketing fund contributions (14,147) 30,797
Deferred revenue (893) (8,393)
Net Cash (Used in)/Provided by Operating Activities 156,425 (82,674)
Investing activities    
Purchase of equipment (4,915)
Capitalization of trademark renewals (4,246)
Net Cash Used In Investing Activities (4,246) (4,915)
Financing activities    
Cash distributions/dividends (145,270) (145,271)
Net Cash Used In Financing Activities (145,270) (145,271)
Net Increase (Decrease) in Cash 6,909 (232,860)
Cash, Beginning of Period 792,655 907,116
Cash, End of Period 799,564 674,256
Supplemental disclosure of cash flow information:    
Interest paid
Income taxes paid $ 12,700