Submitted by lonejedi on March 26, 2008

• Category: Business
• Words: 4607
• Pages: 19
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Lawrnce Sports Benchmarking

Introduction

Lawrence Sports is a sports equipment and safety gear manufacturer. They have annual revenue of $20 million and sell to the world’s largest retailer. When managing their working capital, Lawrence Sports needs to carefully manipulate a few different aspects regarding their cash inflows and outflows. Different times during their operating and cash cycles as well as varying circumstances will call for unique decisions that allow them to meet their short term financing needs. Some of their options currently consist of a line of credit with their bank, stretching their payables with their two vendors, and enforcing their AR policy with their customer. The...

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