Note 3 - Cash and Cash-Equivalents
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12 Months Ended |
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Mar. 29, 2014
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Cash and Cash Equivalents [Abstract] | |
Cash and Cash Equivalents Disclosure [Text Block] |
3 Cash and Cash-Equivalents Cash and cash-equivalents of $1.1 million and $1.9 million at March 29, 2014 and March 30, 2013, respectively, consisted of demand deposits with a financial institution that is a member of the Federal Deposit Insurance Corporation (FDIC). At March 29, 2014, $929,000 of the Company’s demand deposits exceeded FDIC insurance limits. |
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- Details
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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