Lawrence Sports Working Capital Policy
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Title: Lawrence Sports Working Capital Policy

Essay Details:

Subject: Business
Author: Maryann C
Date: October 27, 2015
Level: University
Grade: A
Length: 9 / 2622

Essay text:

A company by the name of Lawrence Sports is no exception to the challenging decisions on a working capital policy. Lawrence Sports is a manufacturing and distribution company. In the simulation, Lawrence Sports makes and distributes equipment and protective gear for baseball, volleyball, football and basketball. Lawrence Sports purchases materials from Gartner Products and Murray Leather Works. The company distributes 95% of the items produced to Mayo Stores. Lawrence Sports has revenue of $20 million along with a line of credit for $1.2 million. A financial manager was recently hired by Lawrence Sports to help with the current capital management challenges and opportunities...

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