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Note 14 - Disclosures About the Fair Value of Financial Instruments
12 Months Ended
Nov. 30, 2013
Fair Value Disclosures [Abstract]  
Fair Value Disclosures [Text Block]

(14)        Disclosures About the Fair Value of Financial Instruments


The fair value of a financial instrument is defined as the amount at which the instrument could be exchanged in a current transaction between willing parties. At November 30, 2013 and 2012, the carrying amount approximates fair value for cash, accounts receivable, accounts payable, notes payable to bank, and other current liabilities. The carrying amounts approximate fair value because of the short maturity of these instruments. The fair value of the Company’s installment term loans payable also approximate recorded value because the interest rates charged under the loan terms are not substantially different than current interest rates.