HAMPTON MACHINE TOOL COMPANY About The Company Hampton Machine Tool was established in 1915 and has been manufacturing machine tools since its foundation. Hampton company’s customer base is made up primarily of aircraft manufacturers and automobile manufactures in the St. Louis area. It experienced record production and profitability during the years. Sales and profitability declined in the mid-1970s with the withdrawal from Vietnam War and the oil embargo. However‚ the company had stabilized the
Premium Inventory Dividend Financial ratio
Hampton Machine Tool Company On September 14‚ 1979‚ Mr. Jerry Eckwood‚ vice president of the St. Louis National Bank was considering a loan request from a customer located in a nearby city. The company‚ Hampton Machine Too] Company‚ had requested renewal of an existing $1 million loan originally due to be repaid on September 30. In addition to the renewal of the existin- loan‚ Hampton was asking for an additional loan of $350‚000 for planned equipment purchases in October. Under the terms
Premium Balance sheet 1979 Money
Executive Summary Hampton Machine Tool Company (HMTC) was founded in 1915 to produce machine tools. Machine tools manufacturing business is highly prone to economic fluctuations. Therefore‚ success of HMTC depends upon success of other related industries. The major customers of the company are aircraft manufacturers and automobile manufacturers. Sales of HTMC boomed during 1960s‚ decreased in the mid 70s and started to recover around 1978 due to the increase in demand of military aircrafts‚ a stable
Premium Cash flow Dividend Business cycle
Sewing- is easier and more convenient if all the essential equipment are orderly arranged inside your cabinet. The tools needed in sewing are classified into four: CUTTING TOOLS // MEASURING DEVICES // MARKING AIDS // SEWING EQUIPMENTS CUTTING TOOLS 1. Bent-Handled Shears-7 to 8 inch long scissors suitable for cutting fabric because the blades rest flat on the cutting surface. 2. Trimming Scissors- 6 inch long scissors used for trimming and clipping seams and for general use. 3. Sewing and
Premium
Entrepreneurial Finance Eric Wehrly Hampton Machine Tool Company The questions for the Hampton Machine Tool Company are given below. Please prepare for submission questions 1 and 2 only. That is‚ please submit your balance sheet for December 31‚ 1979 and income statement for the four month period‚ September through December 1979‚ requested in question 2 below (your income statement should not be monthly; it should cover the entire four months). Please also prepare‚ but do not submit‚ the
Premium Balance sheet Inventory Pro forma
Hampton Machine Tool Company 1. Why can’t a profitable firm like Hampton repay its loan on time and why does it need more bank financing? What major developments between November 1978 and August 1979 contributed to this situation? A/ Hampton Machine Tool Company was unable to repay its loan on time due to several factors. One of such factors is the fact that the stock repurchase‚ for which the loan was initially requested‚ was a major cash disbursement of $3 million. In the period between November
Premium Dividend Balance sheet Expense
The Romans By R. H. Barrow First published 1949 in London Published by Penguin Books 224 pages “Rome has never died: what made it immortal?” This is the question that Barrow asks in his book titled The Romans. In order to find the answer‚ one must dig into the character‚ achievements‚ and civilization of Rome and of her people. The Romans is written from the point of view that the study of the past is vitally important to understanding ourselves today. Barrow believes that Rome should be an essential
Premium Roman Empire Ancient Rome Roman Republic
A Case Study Running head: A CASE STUDY - STRATEGY AT H&R BLOCK‚ INC. A Case Study - Strategy at H&R Block‚ Inc. Capella University OM 8012 Strategy Dr. Perry Hahn Dec 21‚ 2005 1 A Case Study 2 Abstract This paper will include an analysis of the company from the four strategy perspectives provided in the project deliverable which are: Strategy as rational thought - strategic planning and decision-making‚ Strategy as revolution - what is referred to as disruptive innovation
Premium Taxation in the United States
Shortsightedness in the Time Machine In H.G. Wells’ the Time Machine the novel takes place in two very different locations the 1800s and the far distant future. Although they are very far away from each other in time they are still both familiar. What makes them so familiar is their problems. They haven’t gone away‚ and this is because the human race believe they are the center of the universe‚ and it is this shortsightedness that will lead them to their inevitable demise. A time traveler travels
Premium Time travel The Time Machine Science fiction
Historical Background Bodhi-Dharma (菩提達摩) was an Indian Buddhist monk who came to China from India in the first quarter of the sixth century. He brought Mahayana Buddhism to China. Coming to China‚ he stayed nine years at the Shao-lin Temple (少林寺)‚ located in He-nan Province (河南省). Bodhi-Dharma is well-known in connection to a story expressed by the phrase “Wall Contemplation Nine Years (面壁九年)”. From the philosophy and practice represented by this phrase‚ the Chinese Zen Buddhism originated
Premium Buddhism Zen China