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Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Aug. 31, 2011
Aug. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:  
Net income$ 1,527,063$ 1,376,298
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization66,877105,180
Stock compensation expense77,85023,740
CHANGES IN OPERATING ASSETS AND LIABILITIES:  
Accounts receivable(282,560)(1,419,287)
Inventory(599,678)(758,871)
Prepaid expenses and taxes(18,546)(8,673)
Other Assets239,336(72)
Accounts payable173,2231,132,832
Deferred Rent11,097(20,714)
Accrued expenses(400,588)69,926
NET CASH FLOWS FROM OPERATING ACTIVITIES794,074500,359
CASH FLOWS FROM INVESTING ACTIVITIES:  
Acquisition of fixed assets(13,663)(10,177)
NET CASH FLOWS FROM INVESTING ACTIVITIES(13,663)(10,177)
CASH FLOWS FROM FINANCING ACTIVITIES:  
Net borrowings from loan payable (766,468)
Net borrowings from note payable (1,304)
NET CASH FLOWS FROM FINANCING ACTIVITIES (767,772)
NET CHANGE IN CASH780,411(277,590)
CASH AT BEGINNING OF YEAR883,3311,140,338
CASH AT END OF YEAR1,663,742862,748
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:  
Income taxes paid74,2659,137
Interest paid46,34090,270
NONCASH INVESTING AND FINANCING ACTIVITIES:  
Accrued dividends on preferred stock$ 14,100$ 16,350