ORGANIZATION (Details) |
12 Months Ended | |||
|---|---|---|---|---|
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Aug. 31, 2018
USD ($)
Segment
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Aug. 31, 2017
USD ($)
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Aug. 31, 2016
USD ($)
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Aug. 31, 2015
USD ($)
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| ORGANIZATION [Abstract] | ||||
| Number of business segments | Segment | 2 | |||
| Working capital | $ 25,900,000 | |||
| Cash and cash equivalents | $ 11,565,038 | $ 5,575,823 | $ 4,697,288 | $ 37,089,041 |
| X | ||||||||||
- Definition Working capital is the difference between a company's current assets, like cash, accounts receivable (customers' unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, like accounts payable. No definition available.
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| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. No definition available.
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| X | ||||||||||
- References No definition available.
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