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Lawrence Sports Working Capital Policy

Running head: LAWRENCE SPORTS WORKING CAPITAL POLICY

Lawrence Sports Working Capital Policy Paper
Your Name
University of Phoenix
Lawrence Sports Working Capital Policy Paper
Lawrence Sports, also referred to as L.S. is a manufacturing and distribution company. L.S. makes and distributes equipment and protective gear for baseball, football, basketball, and volleyball. L.S. purchases its materials from Gartner Products and Murray Leather Works. L.S. also distributes 95% of its products to Mayo Stores and has revenues of $20 million. L.S.
recently hired a financial manager to help with the current capital management position. The basis of this paper is to examine Lawrence Sports current use of cash budgeting and to describe the weaknesses that exist in the working capital policies that is leading to the interruption of cash flow problems. Operating a business with a balance in capital management is essential to every business whether small or large. Maintaining constancy......


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Approximate Word Count: 2331
Approximate Pages: 10 (250 words per double-spaced page)

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