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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1878 |
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Once the amount is calculated Lawrence could set aside money in a special account to be used just in case a vendor, such as Mayo, is late or slow on its payments. It is not worth risking or possibly losing business with other vendors such as Gartner.
Cash reserves are a tool that Georgia-Pacific LLC uses for its liabilities that it has incurred due to asbestos exposure and environmental issues...
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GP sets aside $5M in cash reserves to pay either environmental fines due to the mills coal power plant letting off too many carbon emissions or for taking care of the medical needs for employees that had been exposed to the dangers of asbestos. The reason GP had employees whom were exposed to asbestos is because of the natural occurrence of asbestos in wood and paper processing...
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