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3. Cash and Cash Equivalents
12 Months Ended
Mar. 30, 2014
Notes  
3. Cash and Cash Equivalents

3.      Cash and Cash Equivalents

 

As of March 30, 2014, the Trust has cash and cash equivalents of $111,475. Of such amount, $104,542 is held in accounts at two financial institutions in which such accounts are insured up to $250,000 by the Federal Deposit Insurance Corporation (“FDIC”). The entire amount is FDIC insured as of March 30, 2014. The remaining $6,933 is held in an account at a financial institution in which such amount is invested in a portfolio of securities that are direct obligations of the U.S. Treasury and are backed by the full faith and credit of the United States of America.