3 million in cash, cash equivalents
and available-for-sale securities at the end of March.
include money market securities, Treasury bills and short-term certificates of deposit.
serve two basic purposes: as a place to store emergency funds to help meet living expenses in the event of a sudden drop in income or to pay for large, unexpected expenses such as a medical or legal bill; and as a parking place for investment money until one is ready to put it into more attractive assets such as stocks, real estate, or long-term bonds.
Investing activities are the acquisition and disposal of long-term assets and other investments that are not included in cash and cash equivalents
The proxy for the bond market is the yield to maturity on 20-year bonds, and the proxy for cash equivalents
is the yield on three-month U.
As of 31 December 2016, the cash, cash equivalents
and financial assets at fair value were approximately USD18.
Net Cash And Cash Equivalents
Used In Investing (4,210) (39,237)
The taxpayer in the TAM simply wanted to know whether vacation days converted to cash equivalents
and contributed to its qualified retirement plan on behalf of its employees were subject to FICA taxation.
The first is when there are exchanges between cash and cash equivalents
The treatment of receivables as cash equivalents