Note 2 - Cash and Cash Equivalents

12 Months Ended

Jun. 28, 2015

Cash and Cash Equivalents Disclosure [Text Block]

2. CASH AND CASH EQUIVALENTS

Cash and cash equivalents consisted of the following:

	June 28, 2015		June 29, 2014

Demand deposits and cash on hand	$	558,364	$	634,923
Money market funds		220,003		207,191
	$	778,367	$	842,114

The account balances at times exceed federally insured limits. The Company does not believe this poses any significant risk.

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

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