Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	May 31, 2016	Nov. 30, 2015
Current assets:
Cash	$ 267,506	$ 447,334
Accounts receivable-customers, net of allowance for doubtful accounts of $20,076 and $18,810 in 2016 and 2015, respectively	1,542,763	2,057,739
Inventories, net	14,492,969	15,699,084
Deferred taxes	1,152,700	1,146,242
Cost and Profit in Excess of Billings	74,837	206,672
Income taxes receivable	311,146	345,912
Other current assets	257,052	59,336
Total current assets	18,098,973	19,962,319
Property, plant, and equipment, net	9,360,707	9,694,913
Assets held for sale, net	114,858	1,245,432
Goodwill	375,000	375,000
Other Assets	45,724	53,944
Total assets	27,995,262	31,331,608
Current liabilities:
Line of credit	2,101,610	3,959,656
Current portion of long-term debt	2,011,943	1,322,662
Accounts payable	616,741	522,400
Customer deposits	307,232	166,626
Billings in Excess of Cost and Profit	148,471	86,858
Accrued expenses	1,066,749	1,279,913
Total current liabilities	6,252,746	7,338,115
Long-term liabilities
Deferred taxes	835,828	846,960
Long-term debt, excluding current portion	2,322,992	4,626,667
Total liabilities	9,411,566	12,811,742
Stockholders’ equity:
Undesignated preferred stock - $0.01 par value. Authorized 500,000 shares in 2016 and 2015; issued and outstanding 0 shares in 2016 and 2015.
Common stock – $0.01 par value. Authorized 9,500,000 shares in 2016 and 2015; issued and outstanding 4,105,052 in 2016 and 4,061,052 in 2015	41,051	40,611
Additional paid-in capital	2,705,999	2,667,010
Retained earnings	15,836,646	15,812,245
Total stockholders’ equity	18,583,696	18,519,866
Total liabilities and stockholders’ equity	$ 27,995,262	$ 31,331,608

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.