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Lawrence SportsEssay Preview: Lawrence SportsReport this essayLooking in detail at Lawrence Sports present imbursement situation and the following contracts are in place:RevenuesCollection on SalesPayable the Following Week20%80%Gartner40%60%Murray15%85%Lawrence Sports Credit Line with Bank – $1.2MRetained Required Balance – $50,000Payment Loan – paid the last week of each monthInterest Rate – 16%Cash Deficit – Need to be.