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Lawrence Sports Generic Benchmarking

Lawrence Sports Generic Benchmarking

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Title: Lawrence Sports Generic Benchmarking

Essay Details:

Subject: Business

Author: Nelson S

Date: May 24, 2014

Level: University

Grade: B

Length: 6 / 1550

Essay text:

Chief Financial Officer Stephanie Sanders’ objective is to keep the amount of borrowing and accompanying interest rate burden as low as possible (University of Phoenix, 2008). Cisco and McDonald’s have diversified operations and investments that attribute to their long-term working capital succession. In addition, Cisco’s automated collections system has subtracted days out of its operating and cash cycles. The company’s decision to move idle cash funds into income-generating accounts illustrates its efficient cash management practices. McDonald’s is reinvesting its capital continuously to ensure long-term goals are reached...

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