Submitted by Pulak82 on January 23, 2008

• Category: Business
• Words: 2637
• Pages: 11
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Lawrence Sports Benchmarking

Benchmarking: Lawrence Sports
Working capital management involves cash, accounts receivable, and inventory. Too much working capital is costly, reducing profitability and return on capital. Too little, however, can also be costly in terms of lost opportunities. A company may suffer increases in cost of capital due to too little cash if it cannot pay its bills on time.
Lawrence Sports (LS) is a manufacturer and distributor of protective sports gear. LS obtains its raw materials from two primary vendors: Gartner Products (GP) and Murray Leather Works (MLW). GP supplies LS with 70% of its raw materials while MLW supplies the remaining 30%. Mayo Stores is the world's leading...

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