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How common is level 2 cash.
#3
Unless I'm mistaken, I think the supplementary tables you've displayed list "cash equivalents" among other financial instruments, but if you go to the consolidated b.s., there's a line item for "cash and cash equivalents". As a result, to me at least, it looks like SOHU, for example, carries a blend of level 1 & 2 financial instruments in the "cash and cash equivalents" line, where the "cash equivalents" are all deemed level 2 in the acct. hierarchy.

The key takeaway still being, however, that level 2 is still considered "cash equivalent".

Anyone feel free to point out if I'm not reading the financials correctly.
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Messages In This Thread
How common is level 2 cash. - by vermut - 10-27-2013, 11:22 PM
RE: How common is level 2 cash. - by admin - 10-27-2013, 11:51 PM
RE: How common is level 2 cash. - by quantumvibes - 10-28-2013, 01:57 AM
RE: How common is level 2 cash. - by vermut - 10-28-2013, 02:36 AM
RE: How common is level 2 cash. - by quantumvibes - 10-28-2013, 02:52 AM
RE: How common is level 2 cash. - by kshen - 10-28-2013, 03:37 AM
RE: How common is level 2 cash. - by vermut - 10-28-2013, 04:13 AM
RE: How common is level 2 cash. - by SamAdams - 10-28-2013, 07:27 AM
RE: How common is level 2 cash. - by admin - 10-28-2013, 07:28 AM
RE: How common is level 2 cash. - by quantumvibes - 10-28-2013, 07:42 AM
RE: How common is level 2 cash. - by admin - 10-29-2013, 04:19 AM

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