Buy custom Lawrence Sports Working Capital Policy
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2316 |
Essay's paper body
The strongest impact has hit the company's customers and suppliers. Lawrence Sports relies on on-time payments from the customer, stretched out payments to the suppliers and a credit line with high interest rates. L.S. is reacting out of a state of panic as oppose to researching long termed planning that can help maintain control over the finances...
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Lawrence Sports main cash source is from principle customer Mayo Stores. L.S. needs to monitor how long it takes from the time materials are ordered for Mayo Stores and how long it takes for Mayo Stores to make the final payment. Mayo Stores has promise to pay all outstanding invoices, but have not kept their promises...
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General points of the essay
Analysis of Lawrence Sports Working Capital
Customer & Suppliers Spanish
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