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Not tied up enough that it isn't apparently reported as cash. It's an interesting question, though, and maybe an accountant might chime in: when is corporate ca
by vannevar 11y ago
Not tied up enough that it isn't apparently reported as cash. It's an interesting question, though, and maybe an accountant might chime in: when is corporate cash NOT cash? Where is the line drawn?
- revelation 11y agohttp://en.wikipedia.org/wiki/Cash_and_cash_equivalents http://en.wikipedia.org/wiki/Cash_and_cash_equivalents Notice that journalists might just summarize everything as cash.
- vannevar 11y agoThis would seem to be the crux of it: Another important condition a cash equivalent needs to satisfy is that the investment should have insignificant risk of change in value... It could be argued that money that is not at risk is also not at work.