Submitted by bgmacias on April 8, 2008

• Category: Social Issues
• Words: 1716
• Pages: 7
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Lawrence Benchmarking

Working Capital Policy
The main goal of any company is to maximize the shareholders wealth. In order to succeed at this goal companies look to create a competitive advantage by using strategic strategies. Lawrence Sports, a $20 million company, will need to develop a strategic and financial plan to demonstrate a successful working capital policy. Lawrence Sports find themselves lacking in the area of capital working policies as well as the selection of their customers and suppliers.
Working capital management is extremely important to Lawrence because it will help them with the levels of cash receivables, and inventory they have. There is a fine balance as to what...

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