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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 3 / 715 | 
                
    
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âFinancial manager must explore the consequences of different assumptions about cash requirements, interest rates, sources of finances and so onâ (Brealey, Myers and Allen, 2005).
âThe difference between current assets and current liabilities is called net working capital. Current assets and liabilities are turned over much more rapidly than the other items on the balance sheetâ (Brealey, Myers and Allen, 2005)...
        
        
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Current assets and liabilities are turned over much more rapidly than the other items on the balance sheetâ (Brealey, Myers and Allen, 2005).
Working capital practices â Terms of sale
Lawrence Sports needs to have a clear working capital that includes cash management and credit. Cash inflow is the main concern for Lawrence Sports, since they only have one large customer...
        
        
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