10-28-2013, 01:57 AM
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.
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.

