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In Notice four to its economic statements, Apple supplies a considerable volume of information concerning what comprises this cash and cash equal equilibrium.
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Cash and cash equivalents refers back to the line item about the harmony sheet that experiences the worth of a company's property that happen to be cash or can be transformed into cash right away.
The cash inside the alleged bribery try was shipped on Sunday, per day before closing arguments while in the demo in Minneapolis federal court docket were being established to conclude, according to a search warrant affidavit submitted in connection with the case.
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Corporations frequently hold cash and cash equivalents to pay limited-term financial debt and maintain money in safe spots for long run use.
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