Cash and Cash Equivalents


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Cash and Cash Equivalents

Balance sheet items that represent either physical currency printed on notes or assets that can easily be changed into that. Examples of cash equivalents include savings accounts, bonds (especially near their maturities), and money markets. Cash and cash equivalents represent a company's or individual's liquidity, which can be important for investors and banks. See also: M1, M2.
References in periodicals archive ?
NET INCREASE IN CASH AND CASH EQUIVALENTS 6,256 16,449
The statement should reconcile beginning and ending cash and cash equivalents, which means cash balances on the cash flow statement should relate to the amounts reported on the balance sheet.
The last reclassification results in a decrease in cash and cash equivalents for the quarters ended July 31, 2005 and October 31, 2005.
As at November 30, 2005, the Company had cash and cash equivalents totaling $3,586,000 compared with $7,591,000 at the previous year-end.
At year's end cash and cash equivalents stood at approximately $ 430,000 and total assets of approximately $874,924.
MPC had $18 million of cash and cash equivalents and no outstanding borrowings under credit lines as of June 30, 2005.