Garry Halper Menswear Limited (GHM) is a medium-sized producer of exceptional-quality men's suits and coats that up to now have mostly been distributed in Canada. The company has landed a huge order for men's suits with Sutton's in the United States.
The company has decided to import partly finished suits from China to meet the order. The treasurer of GHM must calculate the financing needs and associated hazards that result from this substantial upsurge in sales. At exactly the same time, he believes that the company's current bank is uncertain in its response to the firm's needs, and he had liked to contemplate another banking relationship.
PUBLICATION DATE: May 01, 2013 PRODUCT #: W13188-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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