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Lawrence Problem Solution

Lawrence Problem Solution

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Title: Lawrence Problem Solution

Essay Details:

Subject: Business

Author: John G

Date: August 11, 2011

Level: University

Grade: A

Length: 17 / 4860

Essay text:

Some of the issues Lawrence faces include collecting payment from a primary customer who has defaulted on it's debt for goods and services, cash inflow and outflow inconsistencies, maintaining sufficient cash reserves, and debt accumulation and payment plans. Lawrence Sports outflows exceed inflows and the shortfall is being made up by a credit line that is maxed out. Not only is the credit line maxed out, but it carries with it an interest that fluctuates depending on the amount borrowed. Within this paper, I will take a closer look at Lawrence's dilemma and determine a viable solution that will increase cash inflow so that Lawrence will have adequate outflow to pay debt and working capital to handle unforeseen circumstances...

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