Note 3 - Concentrations of Risk
|9 Months Ended|
May 31, 2017
|Note 3 - Concentrations of Risk||
NOTE 3 CONCENTRATIONS OF RISK
The Company purchases inventory from various suppliers and manufacturers. For the nine months ended May 31, 2017 and 2016, two vendors accounted for approximately 22% and 32%, respectively, of total inventory purchases.
During the nine months ended May 31, 2017 and 2016, there were no customers which represented over 10% of the Companys revenues.
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
Reference 1: http://www.xbrl.org/2003/role/presentationRef