[Anonymous]

I am hoping somebody will be able to make this clear for me.

Treasury Bill and Certificate of Deposit with original maturities greater than 90 days (3months) are not included as Cash equivalents even if they are maturing within 90 days from the date of purchase.

On some questions, I found that it was appropriate to include the CD as cash equivalent as long as it was maturing in 90 days from the date of the purchase.

So my question is, what should I go with? Mature within 90 days from the purchase date? or 90 days for the original maturity?

[Recked]

I think the 90 day rule only applies if you are the original purchaser.
That might help to shed some light on the topic?

[cleethree]

I believe its 90 days from the original maturity date. So if you bought a Bill or CD with 45 days remaining until maturity, but the original maturity date was 100 days then it wouldn't be treated as a cash equivalent.

[Author]

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