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MrMoose · 05-14-2018, 07:54 PM

I'm curious why cash can't seem to be used to offer contract extensions. For example, I have $23M in cash, offsetting a 6.8M current budget defecit. This does show up as 16.5M total available $, which also equates to same available for FAs. However, it does nothing to $ available for extensions (I currently have $0!). Seems to me cash is cash, is part of basic accounting principles for $ available for WHATEVER purpose...and cash talks, except it seems in this case, it doesn't! I don't understand why cash isn't available for me to spend however I wish. What this really boils down, to me anyway, is that cash isn't being treated as part of the overall balance sheet and $ available for whatever purposes I may need, not just trade and FA offers. What am I missing? Thanks!

05-14-2018, 07:54 PM	#1
MrMoose Bat Boy Join Date: Mar 2018 Posts: 15	Use of Cash I'm curious why cash can't seem to be used to offer contract extensions. For example, I have $23M in cash, offsetting a 6.8M current budget defecit. This does show up as 16.5M total available $, which also equates to same available for FAs. However, it does nothing to $ available for extensions (I currently have $0!). Seems to me cash is cash, is part of basic accounting principles for $ available for WHATEVER purpose...and cash talks, except it seems in this case, it doesn't! I don't understand why cash isn't available for me to spend however I wish. What this really boils down, to me anyway, is that cash isn't being treated as part of the overall balance sheet and $ available for whatever purposes I may need, not just trade and FA offers. What am I missing? Thanks!