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Topic: Business
Number of pages / Number of words: 6 / 1596
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71).

Working Capital Management Concepts Worksheet

Roy Emery

University of Phoenix

Working Capital Management Concepts Worksheet

Concept Application of Concept in the Simulation Reference to Concept in Reading

Cash Conversion Cycle

Lawrence Sports has acquired inventory on credit, which resulted in an account payable...


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They than sold this on credit, which resulted in accounts receivable. The cash that Lawrence needs is not involved until they need to pay that accounts payable, and collect the accounts receivable. The problem lies in the fact that for two weeks, they have not received the accounts due from Mayo and will not until further in the quarter...


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