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Five Star Quality Care (FVE)
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FVE » Topics » Cash and Cash Equivalents

This excerpt taken from the FVE 8-K filed Jul 28, 2005.
Cash and Cash Equivalents
 

The Company considers all short-term highly liquid investments purchased with an original maturity of 90 days or less to be cash equivalents.

 

This excerpt taken from the FVE 8-K filed Jan 7, 2005.

Cash and cash equivalents

        The Company considers cash and cash equivalents to include currency on hand, demand deposits and all highly liquid investments with a maturity of three months or less at the date of purchase. At various times during the year, the Company's cash and cash equivalents balances exceeded the federally insured limit. Cash and cash equivalents are maintained at high quality financial institutions and management believes exposure to credit risk is not significant.

EXCERPTS ON THIS PAGE:

8-K
Jul 28, 2005
8-K
Jan 7, 2005

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