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Working Capital Lawrence Sports
Essay specific features
Written by:
Valerie M
Date added:
May 14, 2014
Level:
University
Grade:
A
No of pages / words:
4 / 962
Was viewed:
7464 times
Rating of current essay:
Essay content:
Starting the week of March 31st Mayo has defaulted on the 80% due Lawrence for the weeks of March 17 and March 24. In addition to this default Mayo has informed the company that no payments will be made until the week of April 14th. The newly appointed Finance Manger will need to renegotiate the existing terms of sales with Mayo based on the fact that deferring payment until April 14th is unacceptable...
displayed 300 characters
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The newly appointed Finance Manger will need to renegotiate the existing terms of sales with Mayo based on the fact that deferring payment until April 14th is unacceptable. The Finance Manager will have to come to new terms on existing money owed with Mayo to keep cash inflow going while minimizing the use of short term financing...
displayed 300 characters
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