Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2003-11-05
Length: 16 pages
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Abstract
The general manager of Western Canadian Window Works, a window manufacturer for the residential construction industry, was preparing for a meeting to discuss and present plans for the next fiscal year. He was considering adding a lower-quality window to the company''s product line. The company had incurred a loss in the previous year, had a high debt-to- equity position and was in arrears on preferred share dividends for three years.
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Abstract
The general manager of Western Canadian Window Works, a window manufacturer for the residential construction industry, was preparing for a meeting to discuss and present plans for the next fiscal year. He was considering adding a lower-quality window to the company''s product line. The company had incurred a loss in the previous year, had a high debt-to- equity position and was in arrears on preferred share dividends for three years.