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Consolidated Balance Sheets (USD $)
Oct. 27, 2012
Oct. 29, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 2,834,374 $ 1,751,489
Trade accounts receivables 1,347,983 907,576
Inventories 652,533 756,721
Prepaid expenses 17,905 24,015
Deferred taxes 0 42,761
Loans and exchanges 8,942 13,888
Accrued interest receivable 65,115 87,482
Marketable securities 7,521,011 7,620,449
Total current assets 12,447,863 11,204,381
PROPERTY AND EQUIPMENT    
Land 114,006 114,006
Building and improvements 578,553 532,978
Furniture and equipment 2,152,018 2,137,276
Automobiles 43,268 43,268
Total property and equipment 2,887,845 2,827,528
Less accumulated depreciation 2,153,786 2,010,575
Net property and equipment 734,059 816,953
OTHER ASSETS    
Deposits 29,621 2,837
Total assets 13,211,543 12,024,171
CURRENT LIABILITIES    
Accounts payable - trade 77,424 99,284
Accrued Income taxes 33,350 172,010
Accrued salaries and wages 213,800 177,230
Accrued professional fees 98,879 85,925
Deferred income taxes 107,151 0
Other current liabilities 38,888 3,194
Total current liabilities 569,492 537,643
STOCKHOLDERS' EQUITY    
Common capital stock -par value $0.25 per share - authorized and issued 1,000,000 shares 250,000 250,000
Additional paid in capital 272,695 272,695
Retained earnings 12,202,801 11,264,161
Accumulated other comprehensive income: Unrealized gain (loss) on marketable securities 103,773 (113,110)
Less treasury stock at cost - 224,415 shares (187,218) (187,218)
Total stockholders' equity 12,642,051 11,486,528
Total liabilities and stockholders' equity $ 13,211,543 $ 12,024,171