Difference in the motive of holding cash and holding inventory ?
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Motives for Holding Cash. ... Transaction Motive: The transactionmotive refers to the cash required by a firm to meet the day to day needs of its business operations. In an ordinary course of business, the firm requirescash to make the payments in the form of salaries, wages, interests, dividends, goods purchased, etc.
miasarin43:
Its not precise
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Meaning:
Cash1}Money i.e. bank notes and coins recognized by the government used in exchange of goods and services is known as Cash.
Inventory2}Any sum of money in the form reserves which is saved for a certain purpose is known as Fund.
Type:
Cash1} Asset
Inventory2}Liability
Consist of:
Cash1}Money Only
Inventory2}Money,Credit and Kind
Scope:
Cash1}Narrow
Inventory2}Wide
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Yea... But what the exact 2-3 difference in the motive of holding cash and holding inventory by the firm ?
what?
U jus gave the difference between cash and inventory.. not on the "Motive of holding cash" and "motive of holding inventory"
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