Current Asset ntroduction Analysis of Cash and Cash Equivalents Does not present serious valuation problems because of its liquidity Requires special precautions against theft and defalcation Examine for restrictions on disposition remove restricted balances from current assets since they are not available for paying current obligations in assessing liquidity, Cash and cash equivalents as percent of Total consider repercussions Assets of violating these 25.00% agreements 20.00% 15.00% 10.00% Series 1 exposure often measured.00% by the ratio of restricted balances to the total• Does not present serious valuation problems because of its liquidity • Requires special precautions against theft and defalcation • Examine for restrictions on disposition — remove restricted balances from current assets since they are not available for paying current obligations — in assessing liquidity, consider repercussions of violating these agreements — exposure often measured by the ratio of restricted balances to the total Current Asset Introduction Analysis of Cash and Cash Equivalents Cash and Cash Equivalents as Percent of Total Assets 0.00% 5.00% 10.00% 15.00% 20.00% 25.00% Kodak Texas Instruments Coca-Cola Sears Delta Chiron Series1