v3.7.0.1

Accrued Expenses (Tables)

6 Months Ended

May 31, 2017

Payables and Accruals [Abstract]

Schedule of accrued liabilities

The following items which exceeded 5% of total current liabilities are included in accrued expenses as of:

 

	May 31, 2017				November 30, 2016
Co-operative advertising	$	1,454,365			$	1,741,402
Restructuring Costs	$	505,000			$	925,000
Accrued bonuses	$	490,839			*

* represents less than 5% as of total current liabilities

The following items which exceeded 5% of total long-term liabilities are included in long term accrued expenses as of:

 

	May 31, 2017				November 30, 2016
Sub-lease rent differential	$	235,048			$	264,126

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- Definition

Tabular disclosure of the (a) 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 (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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