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Lawrence Sports Benchmarking 3

Lawrence Sports Benchmarking

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Title: Lawrence Sports Benchmarking

Essay Details:

Subject: Business

Author: Dede E

Date: December 12, 2016

Level: University

Grade: A

Length: 22 / 6408

Essay text:

Should Lawrence Sports grant or refuse credit to their customers; both come with pros and cons. The decision to not offer credit will put a cap on Lawrence Sports customer base but will allow cash flow not to be delayed. Offering credit allows companies to charge higher prices and an increase broadens the customer base. Lawrence Sports should check the Net present value of granting credit; this will show which will increase working capital. Safeway decided not to grant credit to their customer base. With Safeway’s massive customer base there was not a need make the company susceptible to the cash flow risks involved...

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