Business Administration 1220E Lecture Notes - Lecture 9: Working Capital, Gross Profit, Deferral

• School: Western University
• Department: Business Administration
• Course: Business Administration 1220E
• Professor: Trina Ruthes

Document Summary

Business 1220e- lecture 9- gardiner wholesalers incorporated (elegance jewellers. For this case, the decision maker is kathy wilson who is the assistant credit manager of. Decide whether or not there needs to be changes in credit policy for either of her company"s accounts- s. d. She needs to determine what comments and recommendations she can put on the report regarding the two accounts under analysis. She has to submit the assessment to both the credit manager and the sales manager in one week. The concern as to whether or not credit policies need to be changed is due to their lack of sales in the summer months. They rely heavily on suppliers for financial support such as extended credit. New customer to gardiner wholesalers inc. only switched suppliers in early 2011 (this case is for the years between 2011-2012) Company owns and generates two small-sized jewellery stores located in sarnia,