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Benchmarking

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Issue:

Business

 

Written by:

Marc C

 

Date added:

February 9, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

24 / 6699

 

Was viewed:

2610 times

 

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Essay content:

Mayo, the largest customer of Lawrence Sports, has recently defaulted on established payment arrangements, and Lawrence has outstanding payment obligations due to its two biggest suppliers. These factors have created a serious cash flow issue at Lawrence Sports. In the past, Lawrence has compensated for short-term cash flow problems with short-term bank borrowing...
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In the past, Lawrence has compensated for short-term cash flow problems with short-term bank borrowing. The recent events plaguing Lawrence have forced bank borrowing to reach an all-time high. At the rate events are occurring, Lawrence does not have the proper working capital management in place to survive in the long-term...
displayed 300 characters

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