Investing Cash Money market -financial instruments with an original maturity of one year or less Temporary Cash Surpluses Seasonal or cyclical activities-buy marketable securities with seasonal surpluses;convert securities back to cash when deficits occur Planned or possible expenditures-accumulate marketable securities in anticipation of upcoming expenses 55 Investing Cash n Money market – financial instruments with an original maturity of one year or less n Temporary Cash Surpluses q Seasonal or cyclical activities – buy marketable securities with seasonal surpluses; convert securities back to cash when deficits occur q Planned or possible expenditures – accumulate marketable securities in anticipation of upcoming expenses