Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Feb. 28, 2017	Nov. 30, 2016
Current assets:
Cash	$ 750,779	$ 1,063,716
Accounts receivable-customers, net of allowance for doubtful accounts of $17,145 and $22,746 in 2017 and 2016, respectively	1,458,539	1,420,051
Inventories, net	13,233,377	13,529,352
Deferred income taxes		1,066,740
Cost and profit in excess of billings	119,662	108,349
Income taxes receivable	271,461	265,924
Assets of discontinued operations	7,500	9,700
Other current assets	414,070	158,087
Total current assets	16,255,388	17,621,919
Property, plant, and equipment, net	7,398,748	7,387,187
Assets held for sale, net	70,000	70,000
Goodwill	375,000	375,000
Other assets of discontinued operations	1,716,565	1,745,528
Deferred income taxes	436,255
Other assets	40,620	42,956
Total assets	26,292,576	27,242,590
Current liabilities:
Line of credit	3,034,114	3,284,114
Current portion of long-term debt	2,673,128	1,807,937
Accounts payable	550,115	469,481
Customer deposits	792,897	289,195
Billings in Excess of Cost and Profit	75,032	4,297
Accrued expenses	852,407	1,019,056
Liabilites of discontinued operations	717,235	182,426
Total current liabilities	8,694,928	7,056,506
Long-term liabilities
Deferred taxes		737,519
Long-term liabilities of discontinued operations		585,168
Long-term debt, excluding current portion	339,808	1,387,118
Total liabilities	9,034,736	9,766,311
Commitments and Contingencies (Notes 7 and 8)
Stockholders’ equity:
Undesignated preferred stock - $0.01 par value. Authorized 500,000 shares in 2017 and 2016; issued 0 shares in 2017 and 2016.
Common stock – $0.01 par value. Authorized 9,500,000 shares in 2017 and 2016; issued 4,156,752 in 2017 and 4,109,052 in 2016	41,568	41,091
Additional paid-in capital	2,772,589	2,746,509
Retained earnings	14,740,882	14,990,911
Accumulated other comprehensive income	(291,210)	(302,232)
Treasury stock, at cost (1,838 in 2017 and 0 in 2016 shares)	(5,989)
Total stockholders’ equity	17,257,840	17,476,279
Total liabilities and stockholders’ equity	$ 26,292,576	$ 27,242,590

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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Balance Type:	credit
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- 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.