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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 757 |
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Cash flow is affected by both the cash- inflow that comes from collections on account receivables while cash outflow occur when liabilities are paid.
Analyze how the firm’s financial decisions affect its working capital and cash balances. The company establishes a minimum operating cash balance to absorb unexpected cash inflows and outflows...
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The most important current liabilities in Lawrence are line of credit and accounts payable. Lawrence needs to develop a working capital policy, cash balance requirements, credit policy, supplier negotiation strategy, short-term financing and measurable metrics to monitor performance against policy. “The best short-term financial plan inevitably proceeds by trial and error...
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