Note 3 - Cash and Cash-equivalents
|12 Months Ended|
Mar. 25, 2017
|Notes to Financial Statements|
|Cash and Cash Equivalents Disclosure [Text Block]||
Cash and cash-equivalents of
March 25, 2017and
March 26, 2016,respectively, consisted of demand deposits with a financial institution that is a member of the Federal Deposit Insurance Corporation (FDIC). At
March 25, 2017,
$1.1million of the Company’s demand deposits exceeded FDIC insurance limits.
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.
Reference 1: http://www.xbrl.org/2003/role/presentationRef