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Because the market is liquid enough that Apple could probably convert those investments into cash relatively quickly (and without damaging their value). Assumi
by latch 15y ago
Because the market is liquid enough that Apple could probably convert those investments into cash relatively quickly (and without damaging their value).
Assuming trustworthy partners, if you have a cheque to your name for $100, it wouldn't be unreasonable to say that you have $100 cash.