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Problem Solution Lawerence Sports

Problem Solution Lawerence Sports

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Title: Problem Solution Lawerence Sports

Essay Details:

Subject: Miscellaneous

Author:

Date: April 23, 2011

Level:

Grade: B

Length: 11 / 3029

Essay text:

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. Problem Solution: Lawrence Sports Inc Working capital refers to the cash a business requires for day-to-day operations, or more specifically, for financing the conversion of raw materials into finished goods, which a company sells for payment...

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