INVENTORY |
6 Months Ended | ||
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May 31, 2018 | |||
| INVENTORY [Text Block] |
Inventory as of May 31, 2018 consists of finished goods of 40mm Blunt Impact Projectiles of $115,770 (November 30, 2017: $109,673) and inventory procured from other suppliers of $63,381 (November 30, 2017: $47,630). The Company values its inventory on a first-in, first-out basis. Inventory is valued at the lower of cost or net realizable value. |
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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