Making the most of the S Corp AAA

Hi guys,
I have a client that has amassed just over $8,000,000 in their S Corp's AAA account ("account" is redundant, I know). Like many other
AAA's, it's sitting in a money market account paying 0.65%. And just like most other people currently in money market, the CFO is now looking for alternatives to squeeze out a few more percentage points, while still maintaining relative safety and liquidity.
I'm thoroughly versed on the various investment options floating about the universe. But I admittedly don't know much about S corp taxation and business practices. So, in your vastly superior experience, how do you guys see most larger AAA accounts managed?
thanks
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And here I thought saying there's $8,000,000 in AAA was like saying there's $8,000,000 in Accumulated Depreciation or $8,000,000 in Partner's Capital. I didn't know it meant there was that much cash laying around looking for a home.
Actually, that is what it's like saying. If there happens to be idle cash equal to the AAA balance, then what you have is a coincidence.
As for investment options, the risk-return trade off is alive and well. If your client wants a higher expected return, he will have to take more risk.
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Maybe I'm abusing the use of the term "AAA". In essence, the $8M is what I would otherwise call "retained earnings". It is, essentially, amassed profits that the shareholders (only 3 of them) opted not to distribute.
Like I said, I can easily handle the suitability of the various investment options including liquidity and risk. I just didn't know if there was a particular investment vehicle that favorably lended itself to this type of situation.
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