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MBA-550 Resource Optimization
Essay specific features
Written by:
Jean S
Date added:
December 5, 2011
Level:
University
Grade:
A
No of pages / words:
6 / 1499
Was viewed:
6138 times
Rating of current essay:
Essay content:
Lawrence faced a cash deficit situation, borrowed money from the bank that hit the maximum line of credit 1.2 million (Simulation, 2008). A financial manager needs to analyze how Lawrence’s financial decisions affect its working capital as account receivable, account payable, cash conversion cycle, understand ratios, maintain cash balances and develop short-term financial plans...
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Lawrence needs to achieve a tradeoff maintaining good relationships between the partners and good working capital management. The ultimate goal of a company is to create value among stakeholders and enhance a competitive advantage by using policies and strategies (Simulation, 2008).
Issues and Opportunities Identification
The main issue with Lawrence is Mayo may not be able to make their promised payment on an account until past due and it might take for another 2 or 3 weeks perceive that they are not certain when they will be able to make payment in full...
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