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ojbyrne
986 days 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.
1 comments
tmpX7dMeXU
986 days ago
Yep. 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.
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