LawrenceSport Working Capital Policy

Essay specific features

 

Issue:

Business

 

Written by:

Samuel B

 

Date added:

October 27, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2161

 

Was viewed:

6813 times

 

Rating of current essay:

 
Essay content:

The working capital manager at Lawrence Sports finds the company in an intricate position following defaults and delays on receivables from, the Mayo Stores that have directly affected their working capital practices, namely debt payment. The result for such delinquent behavior on the part of Mayo Stores: a corresponding cash flow deficit forced on Lawrence Sports which has forced the company to use their line of credit with high interest payments to stay afloat...
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The result for such delinquent behavior on the part of Mayo Stores: a corresponding cash flow deficit forced on Lawrence Sports which has forced the company to use their line of credit with high interest payments to stay afloat. Companies should develop working capital strategies in preparation for long-term opportunities...
displayed 300 characters

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