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Note F - Cash and Cash Equivalents
9 Months Ended
Dec. 27, 2020
Notes to Financial Statements  
Cash and Cash Equivalents Disclosure [Text Block]

NOTE F – 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 not have any cash equivalents at December 27, 2020 and March 29, 2020.

 

At December 27, 2020 and March 29, 2020, substantially all of the Company’s cash balances are in excess of Federal government insurance limits. The Company does not believe that it is exposed to any significant risk on these balances.