Submitted by sears88 on May 12, 2008

• Category: Administration
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Lawrence Sports Benchmarking

Lawrence Sports Benchmarking
Working capital management is the management of current assets. It consists of collections, bad debts, disbursements, future revenues, borrowing, and loan payments. The Finance Manager of Lawrence Sports is responsible for the working capital management. Lawrence Sports is a company that manufactures and distributes equipment and protective gear for server sports. Lawrence has one major customer who is the worlds leading retailer Mayo Stores. Lawrence also has two suppliers: Gartner Products and Murray Leather Works. The main responsibility of the finance manager will be to keep the loan burden minimal. This process will be accomplished by negotiating...

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