Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Significant Accounting Policies (Tables)

v3.5.0.2
Basis of Presentation and Significant Accounting Policies (Tables)
 6 Months Ended
May 31, 2016
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 May 31, 2016 and November 30, 2015, respectively, segregated among the appropriate levels within the fair value hierarchy:

 

     Fair Value at
May 31, 2016		      Fair Value Measurements
at May 31, 2016 Using		  

Description

       Level 1      Level 2      Level 3  

Assets:

            

Trading securities

    $ 297,099       $ 297,099         —           —     

Available-for-sale securities

      376,685         376,685         —           —     
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 673,784       $ 673,784         —           —     
  

 

 

     

 

 

     

 

 

     

 

 

  
     Fair Value at
November 30,
2015		      Fair Value Measurements
at November 30, 2015 Using		  

Description

       Level 1      Level 2      Level 3  

Assets:

            

Trading Securities

    $ 136,798       $ 136,798         —           —     

Available-for-sale

      473,626         473,626         —           —     
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ 610,424       $ 610,424         —           —