Lawrence Sports Working Capital Policy Paper
Lawrence Sports needs to review its working capital policy and come up with a better way to conduct its day to day business. Within this paper 3 aspects will be discussed: Cash balance requirements including cash reserves needed for long term opportunities that may arise, supplier negotiation strategy for terms of payment that balances the costs to Lawrence Sports and their cash requirements, and short term financing strategy to ensure availability of an adequate line of credit while minimizing the cost of that credit. Once this has been explained I will give my recommendation as how to take care of the issues plaguing Lawrence Sports.
Working Capital Policy
Cash balance requirements including cash reserves needed for long term opportunities that may arise.

Cash is something that every company must have. Cash can have many different uses within any company. In the case of Lawrence it could help save the company money by not have to......

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Title: Lawrence Sports Working Capital Policy Paper
Approximate Word Count: 1909
Approximate Pages: 8 (250 words per double-spaced page)

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