Buy custom Working Policy Paper Lawrence
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| Topic: |
Business
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| Number of pages / Number of words: |
19 / 5204 |
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Lawrence has hit the maximum bank borrowing per month ($1.2 million) allowed by Central Bank. Despite having access to short-term financing from Central Bank, Lawrence is having a difficult time managing its cash flow. Lawrence has already deferred its payments to Gartner and Murray Leather Works. Lawrence has a difficult task of maintaining a healthy financial health, paying its vendors, and collecting money from Mayo while maintaining a positive relationship with its primary client...
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Lawrence has a difficult task of maintaining a healthy financial health, paying its vendors, and collecting money from Mayo while maintaining a positive relationship with its primary client. However, it is crucial for Lawrence to pay its vendors and maintain a positive relationship with them. At the same token, Lawrence has to be very diplomatic yet assertive with Mayo to get the outstanding invoices/payments...
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