Submitted by jemcdona on December 2, 2007

• Category: Administration
• Words: 2290
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Problem Solution: Lawrence Sports Inc

Situation Analysis
Issue and Opportunity Identification
Lawrence Sporting Goods is a sporting goods manufacturer and distributor. It currently
does business with two materials suppliers Gartner and Murray, as well as one Primary retailer Mayo. The company is highly dependent on these business relationships, considering Mayo accounts for 95% of Lawrence’s sales and Gartner supplies about 70% of its raw materials. Lawrence has determined that at a minimum it must hold $50,000 in cash.(Simulation, WCM ) Due to inconsistencies in receivables from Mayo, Lawrence has resorted to debt financing from Central Bank to maintain its minimum desired cash balance. The terms...

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