A good working capital management planis crucial for a firm as a result from a

A good working capital management planis crucial for a firm as a result from a decision can affect cashflow. Working capital decisions are fast paced becausethey reflect a firms day-to-day operations . (EmmeryFinnerty & Stowe 2007) . Lawrence Sports is a $20 millionrevenue company that is in the business of bothmanufacturing and distributing protective sports gear. Its biggestchallenge to date is to combat the complexities of viable andworking capital management plan. The company has made decisionsthat have impacted the company in both negative andpositive ways depending on how well cash flows are.