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Essay text:
In addition the research provides alternative solutions for Lawrence sports and generic benchmarking.
Introduction
The purpose of this paper is to identify best practices in the field of working capital strategies and to apply them to the Lawrence Sports scenario. The paper contains working capital strategies, cash budgeting, cash flow analysis, best practices in working capital management, evaluation of risks and opportunities, and ethical implications of competing working capital alternatives. This research will provide recommended policies to establish at Lawrence to avoid future cash flow disruptions...
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