FIN 571 Lawrence Sports Simulation

The paper effectively and appropriately provides the following:

Three alternative working capital policies.

A recommendation of one of these policies.

Explanation for the recommendation.

A review of the cash conversion cycle for Lawrence Sports Simulation.

SAMPLE:

Laurence Sports primary focus is to create a steady growth in a sustainable environment, which the day-to-day operation is to maintain an adequate liquidity. Capital management is to operate in a profitable way with the minimum risk. Working capital management involves making appropriate investments in cash, marketable securities, receivables, and inventories as well as the level and mix of short-term financing (Emery, Finnerty, & Stowe, 2007). Within the capital management policies to improve the business Laurence Sports can acquire critical information using three valuable ratios: working capital ratio analysis, inventory turnover ratio, and collection ratio