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Problem Solution Lawerence Sports
Essay specific features


Written by:
Francis A
Date added:
June 21, 2014
Level:
University
Grade:
A
No of pages / words:
11 / 3029
Was viewed:
7038 times
Rating of current essay:
Essay content:
Lawrence Sports is a company that manufactures and distributes sports equipment and protective gear. Lawrence has a cash flow problem do to its largest customer, Mayo Stores not paying on time. In this paper we will look at Lawrence's financial problem and create a working capital policy for Lawrence Sports that address their cash management needs for the long term...
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Working capital management involves the relationship between a firm's short-term assets and its short-term liabilities. The importance of a well-rounded working capital cycle is crucial in today's business environment. The goal of working capital management is to ensure that a firm is able to continue its operations and that it has sufficient abilities to satisfy both maturing short-term debt and upcoming operational expenses...
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