Note E - Cash and Cash Equivalents |
9 Months Ended |
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Dec. 25, 2022 | |
Notes to Financial Statements | |
Cash and Cash Equivalents Disclosure [Text Block] |
NOTE E – CASH AND CASH EQUIVALENTS
The Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company did have any cash equivalents at December 25, 2022 and March 27, 2022. The Company’s cash balances principally consist of cash in bank and money market accounts.
At December 25, 2022 and March 27, 2022, substantially all of the Company’s cash balances are in excess of Federal government insurance limits. The Company has not experienced any losses in such accounts. |