The Lawrence Sports Simulation

The Lawrence Sports Simulation Research Paper example
Masters
Research Paper
Finance & Accounting
Pages 6 (1506 words)
Download 0
SPORTS SIMULATION The Lawrence Sports Simulation: A Recommendation Report Word Count: 1,500 I. Introduction Lawrence Sports is an organization that boasts $20 million in revenue every year. Its chief product distributor is a chain of stores called Mayo, which has locations in the U.S., Canada, South America, and Europe…

Introduction

There must be: three alternative working capital policies which reduce future difficulties; a recommendation on policy and an evaluation of risk associated with the recommendation; contingencies for the recommendation; performance measures used to evaluate the recommendation; an implementation plan for the recommendation; a discussion and explanation of the recommendation; a review of the cash conversion cycle for Lawrence Sports; an explanation of the importance of the cash conversion cycle to its working capital management; and a conclusion. II. Three Alternative Working Capital Policies Which Reduce Future Difficulties There are three working capital policies which have to be put in place in order to reduce future difficulties as a company. First and foremost, Lawrence Sports must realize that it can’t make more payments than purchases—as it started to do the week of March 31st—and expect to make a profit. Therefore, the company must make a policy to ensure that it is always taking in more money than it is spending. The second thing that Lawrence Sports must do is ensure that all of its vendors are paid in full without leaving capital build up in order to pay off its debts. For example, it was mentioned that Gartner was paid off 40% upfront, and then 60% in the next week. This should not be so. ...
Download paper
Not exactly what you need?

Related papers

Trading Simulation Assignment
Date Trade Currency Contracts Maturity Price 9/2/2012 Buy GBP/USD 10 March 2012 1.5854 15/2/2012 Sell GBP/USD 10 March 2012 1.5765 15/2/2012 Buy GBP/USD 10 March 2012 1.5685 16/2/2012 Sell GBP/USD 10 March 2012 1.5765 19/2/2012 Buy GBP/USD 10 March 2012 1.5835 19/2/2012 Sell GBP/USD 10 March 2012 1.5860 1.1 Analysis of portfolio value and risk of the portfolio. This report a delineation of trading…
Sports Sponsorship Paper
This paper is aimed at analyzing the extent of sponsorship by indicating what has been spent and by whom with the aim of arming the readers with the relevant information in planning for sponsorship. Sports sponsorship is a golden opportunity for companies to market their products on a large scale. Whenever companies align their products with the value of the sport, the result is that the customers…
Investment Analysis: Sports Direct vs. JJB Sports
Increase in taxes is another reason why the company’s performance in terms of EPS. P/E is also another very important measure to assess the company’s shares in terms of their earning potential. In the case of Sports Direct, 2010 P/E ratio could not be calculated because the historical market price was not available in the financial statements. In 2011, the company was able to earn the P/E…
Concepts Learned to a Real-life Simulation Experience
Now, on the right hand side of the equation, ‘e’ is taken as the number of times the interest is compounded. Now if we substitute the values in the equation we can get the following results. National First   Prime Rate 3.25% Floor Rate 6.75% Number of times compounded Semiannually i 0.1 e 2 a 10.25% Regions Best   Prime Rate 13.17% Number of times compounded Monthly i 13.17% e 12 a 13.99%…
Lawrence Sports Simulation
Policy Recommendation Lawrence Sports has created a strategic alliance with Central Bank with intent to receive credit facilities in times of cash deficit. According to this policy, money is automatically transferred from the Central Bank to Lawrence Sports’ account whenever the company experiences a cash deficit. Currently, the company’s line of credit with Central Bank has reached its limit,…
Finance (Corporate)
This meant to give each proposal a chance to convince the capital budgeting committee for approval. The initial project concerned expanding an existing Match My Doll Clothing line, which had a demonstrated record of accomplishment in the earlier period. The subsequent project initiated a fresh initiative referred to as New Doll Film/DVD, which applied an online software permitting users to tailor…
Trading Simulation Report
A portfolio once built and left alone is of no use. Hence, I have decided to carry out a trading simulation and an in depth analysis of the four companies that have been chosen by me. As all four of these companies provide different products and services, it is almost obvious that different returns are expected from each of these companies. Although the portfolio had been developed keeping in mind…