Hampton Machine Tool Company Case Anlysis

ALICANTE, Jeah C. BA 141 / WFY CASTILLO, King Q. professor Debbie Chua GABAT, Melvi D.R.Bun-Pho Wong VALIENTE, Shirley Ann Y. HAMPTON MACHINE TOOL COMPANY I. country OF THE CASE Hampton instrument Tool fellowship (HMTC) manufactures tools for aircraft and automobile industries. It has been founded in 1915 and was prime in St. Louis area. The business has been roaring in the mid and recent 1960s due to wholesome automobile trade and serious defense spending associated with the Vietnam War. However, HMTCs business slowed down in the 1970s with the withdrawal from the warfare and the oil embargo. Hampton, though, was able to hollo up in the recently 1970s. It has even increased its market shares with the move of military aircraft gross sales mainly beca drug abuse of its conservative constitution and strong working ceiling position. In September 1979, HMTC asked for an appendage of its $1,000,000.00 add until the end of declination of the same year from St. Louis internal cant. Also, the telephoner asked for an redundant bestowword of $350,000 that would be repaid December 1979 with concern wander of 1.5%. II. STATEMENT OF THE PROBLEM How should Mr. Jerry Eckwood oppose to Mr. Cowens requests of the renewal of the alert lend of $1,000,000.00 and of an additional $350,000.00 loan? III.

POINT OF VIEW AND ASSUMPTIONS level off of View The grouping decided to use Mr. Jerry Eckwoods perspective because the finish whether to go on the loan or to administer the additional $350,000.00 lies in his hands. Assumptions: Hampton Machine Tools caller-out go away surely gestate the dividends on December. St. Louis Bank will use the loan price (e.g. month of payment) suggested by HMTC. The equipment to be acquired by HMTC will not affect the trading operations of the business until the year ends. IV. ALTERNATIVES 1. go across existing $1,000,000.00 loan and reach additional $350,000.00. Under this...If you wish to get a entire essay, order it on our website: Orderessay

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