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Note 5 - Earnings Per Share
6 Months Ended
May 31, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

5. Earnings per Share

 

The following table sets forth the computation of basic and diluted earnings per share:

 

   

For the three months ended:

   

For the six months ended:

 
   

May 31, 2023

   

May 31, 2022

   

May 31, 2023

   

May 31, 2022

 

Numerator:

                               

Net income available to common shareholders

  $ 126,528     $ 93,916     $ 161,848     $ 156,806  
                                 

Denominator:

                               

Weighted average outstanding shares

                               

Basic and diluted common stock

    7,263,508       7,263,508       7,263,508       7,263,508  

Earnings per Share - Basic

  $ 0.02     $ 0.01     $ 0.02     $ 0.02