To be a top company in todays market; the chief financial officer must know the ins and outs of working capital strategies. Improper budgeting, mismanagement of funds (both cash and credit) can lead a company into bankruptcy no matter how good their product is. This paper will address several comparisons between Lawrence Sports; the fictional company portrayed in the scenario; and companies like Dell, McDonalds and 3M. The paper explores cash flow analysis, risks every business must take along with opportunities taken and missed. By focusing effort on relating real-world examples in business to the fictional company, the reader can gain a deeper understanding of topics covered in the course. Individual Synopses 3M 3M is a company whose innovations and inventions range from Post-it notes to a new Pharmaceutical division. Patrick Campbell, CFO, has full days managing almost 23 million dollars in annual revenue (3M, 2007). Operating six separate business segments means 3M has several partners, much like the fictional Lawrence Sports company. In early ......

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