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Note 1 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies)
12 Months Ended
Jul. 26, 2014
Policies  
Cash and Cash Equivalents

 

Cash and cash equivalents

 

The Company considers all highly liquid investments purchased with a maturity of three months or less to be cash equivalents. Included in cash and cash equivalents are proceeds due from credit and debit card transactions, which typically settle within five business days, of $9,864 and $8,922 at July 26, 2014 and July 27, 2013, respectively. Included in cash and cash equivalents at July 26, 2014 and July 27, 2013 are $52,891 and $85,222, respectively, of demand deposits invested at Wakefern at overnight money market rates.