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| Topic: |
Business
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| Number of pages / Number of words: |
24 / 6699 |
Essay's paper body
Lawrence can grow its business by gaining more business partners, setting realistic payment terms with customers, and paying their vendors on time.
Similar to Lawernce Dell and Best Buy wants to survive and remain competive within the industry. Dell and Lawrence will need to continue to enforce sound working capital strategies and Lawrence can take pattern being sure to improve its credit policy...
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Dell and Lawrence will need to continue to enforce sound working capital strategies and Lawrence can take pattern being sure to improve its credit policy. “Firms that grant credit must establish a policy for collecting the cash when it is due†(Ross, et. el., 2005, ch.28, p.1). Lawrence will need to revisit its terms with Mayo and remind them how paying debt is crucial to the existence of both companies...
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