Working Capital
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Title: Working Capital

Essay Details:

Subject: Business
Author: James C
Date: July 12, 2013
Level: University
Grade: B
Length: 2 / 371

Essay text:

Lawrence Sports generates its revenue by purchasing material from their vendors and selling the materials to their customer. Cash inflows and outflows are generated through the collection of accounts receivables from the customer, and making payments to the suppliers. Describe the firm's cash conversion cycle. Effects of credit policy on cash conversion cycle and revenue. The Cash Conversion Cycle is one of the tools credit analyst use to determine credit worthiness. Credit analyst want to know why the business needs more cash to operate, and when and how it will be able to repay the cash. Effects of credit policies...

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