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Random googling finds “Cash equivalents are any short-term investment securities with maturity periods of 90 days or less.” They have $35 billion in Cash & Cas
by ojbyrne 3y ago
Random googling finds “Cash equivalents are any short-term investment securities with maturity periods of 90 days or less.”
They have $35 billion in Cash & Cash Equivalents.
- tmpX7dMeXU 3y agoYep. Accounting standards dictate that a cash equivalent should be essentially as liquid as cash from the perspective of the holder. It’s safe to lump it in here.