Ch.19: Cash and Marketable Securities Management ISLAS) o 2002 Prentice Hall. Inc
© 2002, Prentice Hall, Inc. Ch. 19: Cash and Marketable Securities Management
Liquid Asset Management Sl CASH- motives for holding cash TRansactions: to meet cash needs that arise from doing business. Precautionary: having cash on hand for unexpected needs. Speculative: to take advantage of potential profit-making situations
Liquid Asset Management CASH- motives for holding cash: • Transactions: to meet cash needs that arise from doing business. • Precautionary: having cash on hand for unexpected needs. • Speculative: to take advantage of potential profit-making situations
Cash Management CASH:
Cash Management CASH:
Cash Management CASH: Trade off: cash decreases risk of insolvency, but earns no returns!
Cash Management CASH: • Trade Off: cash decreases risk of insolvency, but earns no returns!
Cash Management CASH:
Cash Management CASH: