Note 4 - Accounts Receivable |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Loans, Notes, Trade and Other Receivables Disclosure [Text Block] |
Accounts receivable consist of the following:
Activity in the allowance for credit losses was as follows:
Substantially all of the accounts receivable written off against the reserve during the year ended November 29, 2025 orginated during fiscal 2024.
We believe that the carrying value of our net accounts receivable approximates fair value. The inputs into these fair value estimates reflect our market assumptions and are not observable. Consequently, the inputs are considered to be Level 3 as specified in the fair value hierarchy in ASC Topic 820, Fair Value Measurements and Disclosures. See Note 3.
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