Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 1998-09-04
Length: 12 pages
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Abstract
Nancy Featherstone, an account manager with the Royal Bank, was assessing a client request for an expanded operating line of credit. Ashleigh Cosmetics Ltd, a Montreal-based manufacturer and distributor of women''s cosmetics, planned to launch a new red lipstick line called ''Marilyn M''. Ashleigh had applied for a $2,000,000 increase in its authorized operating line for a total of $4,500,000. The estimated increase was based partly on anticipated inventory and receivable peak levels for the new product.
Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2002-10-03
Length: 14 pages
About
Abstract
Nancy Featherstone, an account manager with the Royal Bank, was assessing a client request for an expanded operating line of credit. Ashleigh Cosmetics Ltd, a Montreal-based manufacturer and distributor of women''s cosmetics, planned to launch a new red lipstick line called ''Marilyn M''. Ashleigh had applied for a $2,000,000 increase in its authorized operating line for a total of $4,500,000. The estimated increase was based partly on anticipated inventory and receivable peak levels for the new product.
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Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2002-10-03
Length: 14 pages