XML 19 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Cash and Cash Equivalents
3 Months Ended
Oct. 31, 2014
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents

NOTE 2 – Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with original maturities of three months or less at the time of purchase to be cash equivalents. Cash and cash equivalents include cash held in checking and money market accounts. The Company periodically invests its excess cash in money market funds and U.S. Treasury Bills. The Company’s cash and cash equivalents are placed with high credit quality financial institutions.