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         —           —