FIN571 FIN/571 Week3 Learning Team Lawrence Sports Simulation

Resource: The Lawrence Sports Simulation located athttps://ecampus.phoenix.edu/secure/resource/vendors/tata/sims/finance/finance_simulation1.html

Create at least three alternative working capital policies that reduce future difficulties, and make a recommendation on which policy Lawrence Sports should follow. Your recommendation must include:

·         An evaluation of the risk associated with the recommendation

·         Contingencies for the recommendation

·         Performance measures that are used to evaluate your recommendation

·         An implementation plan for your recommendation

Write a paper in no more than 1,750 words discussing your recommendation. Your paper must include a review of the cash conversion cycle for Lawrence Sports Simulation and its importance to their working capital management. Develop and explain your recommendation as fully as possible.

Format your paper consistent with APA guidelines.