tidewater jewelers a practice problem developed for use in acc 215 computerized accounting introduction after years of experience the jewel industry you recently resigned your position as store manager major jewelry retailer to form own retail business called will be sole proprietorship and operate two kiosk stores one located at pembroke mall other chesapeake manage well act overall company long time colleague from recent employer linda smith initially specialize selling men s women watches bracelets term plans include expanding merchandise line wide variety traditional inexpensive costume moderately priced fine normal mark up 50 which provide competitive advantage over retailers whose typical is 100 have already arranged lines credit with several wholesale companies additionally finance purchase needed equipment through loan towne