XML 26 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information
 3 Months Ended
Nov. 30, 2011
Notes to Financial Statements  
Segment Information

NOTE 8: SEGMENT INFORMATION

 

The company operates in two segments: ultrasonic spraying systems and rental real estate operations.

 

All inter-company transactions are eliminated in consolidation. For the nine and three months ended November 30, 2011, segment information is as follows:

 

   Nine Months Ended November 30, 2011  Three Months Ended November 30, 2011
   Ultrasonic  Rental
Real Estate		        Ultrasonic  Rental
Real Estate		      
   Spraying  Operations  Eliminations  Consolidated  Spraying  Operations  Eliminations  Consolidated
Net Sales  $9,018,270   $167,336   $101,805   $9,083,801   $2,923,928   $54,779   $33,935   $2,944,772 
Rental Expense  $101,805   $100,328   $(101,805)  $100,328   $33,935   $36,535   $(33,935)  $36,535 
Interest Expense  $3,277   $85,618        $88,895   $1,192   $28,336        $29,528 
Net Income (Loss)  $890,533   $(18,610)       $871,923   $205,896   $(10,093)       $195,803 
Assets  $6,428,172   $2,545,701        $8,973,873   $6,428,172   $2,545,701        $8,973,873 
Debt  $213,313   $2,050,787        $2,264,100   $213,313   $2,050,787        $2,264,100