Quarterly report pursuant to Section 13 or 15(d)

Description of Business, Basis of Presentation and Significant Accounting Policies (Tables)

v3.10.0.1
Description of Business, Basis of Presentation and Significant Accounting Policies (Tables)
9 Months Ended
Aug. 31, 2018
Accounting Policies [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis as of August 31, 2018 and November 30, 2017, respectively, segregated among the appropriate levels within the fair value hierarchy:

 

            Fair Value Measurements  
     Fair Value at
August 31, 2018
     at August 31, 2018 Using  

Description

   Level 1      Level 2      Level 3  

Assets:

           

Trading securities

   $ 108,928      $ 108,928        ——          ——    

Available-for-sale securities

     840,835        840,835        ——          ——    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 949,763      $ 949,763        ——          ——    
  

 

 

    

 

 

    

 

 

    

 

 

 
            Fair Value Measurements  
     Fair Value at
November 30, 2017
     at November 30, 2017 Using  

Description

   Level 1      Level 2      Level 3  

Assets:

           

Trading securities

   $ 96,600      $ 96,600        ——          ——    

Available-for-sale securities

     342,722        342,722        ——          ——    
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 439,322      $ 439,322        ——          ——