...Aaron Louison FIN 242f (1) Credit Risk Analysis Prof. David Ray 6/1/16 Short form analysis – Hampton Machine Tool Company Business and Strategy Hampton Machine Tool Company is in the capital goods industry supplying aircraft and automobile manufacturers with machine tools. Located in St. Louis and founded in 1915, Hampton is a direct supplier of military purchasers, both domestic and abroad, while also supporting regional automobile companies. This industry, and Hampton’s customer segment is often affected by economic factors from gasoline prices and government spending, and while both are unpredictable, their conservative financial policies have enabled Hampton to survive and thrive amid uncertainty in the market. Hampton’s conservative position enabled it to weather the recession of the mid-1970s while it eliminated some of its competitors, thus increasing its market share. The most recent loan from St. Louis National Bank was the first debt that Hampton had added to its balance sheet since 1968. Due to the recent recession, Hampton has been unable to purchase new equipment which has contributed to its issues in producing at capacity. Profits have been high, there is a backlog of sales orders representing about 90% of annual capacity in August, most from respected and trustworthy customers. Hampton currently retains a high cash position, but 99.5% of it is obligated as a cash advance to a customer whose order is expected to ship over the next three months. Reflecting...
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...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 of the company's request, both loans, totaling $1.35 million, would be repayable at the end of 1979. Since its establishment in 1915, Hampton Machine Tool Company had successfully weathered the severe cyclical fluctuations characteristic of the macl-tine tool manufacturing business. In the most recent cvcle, Hampton had experienced record production and profitability during the niid- and late 1960s. Because Hampton's major customers included the aircraft manufacturers and automobile manufacturers in the St. Louis area, the company's success in the 1960s reflected a strong automobile market and the heavy defense spending associated with the Vietnam War. Hampton rode the 1960s boom into the early 1970s. Hampton, along with the rest of the capital goods industry, experienced a severe decline in sales and profitability in the rriid-1970s. Precipitous declines in the production of automobiles in St. Louis facilities reflected the Arab oil embargo, subsequent increases in the price of...
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...almost half are available online. Some of its programs of study include fields within cinematic arts, osteopathic medicine, law and music. Liberty University offers associate’s, baccalaureate, master’s, doctoral and certificate programs entirely online through LUOnline. Associate’s degrees include information systems and paralegal studies. Bachelor’s degrees include aeronautics and graphic design. Master’s degrees include executive leadership and human services counseling. Doctoral degrees include nursing and international business. Available certifications include web development and public administration. Online student resources include an online writing center, academic advising, disability accommodations, an online job board, online communities and an online library with librarians available via live chat, email or over the phone. The Southern Association of Colleges and Schools Commission on Colleges provides accreditation for Liberty University. * * * Regent University (Virginia Beach, VA) Regent University, established in 1977, is a private Christian university established by televangelist Pat Robertson as Christian Broadcasting Network University. The university has over 6,000 students enrolled and offers more than 70 programs of study spanning 8 academic schools. The university offers majors within the realms of education, business, government, law and communication. Regent University offers associate’s, baccalaureate, master’s and doctoral degrees through its Regent...
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...7 Cities Do It Yourself Auto Repair Assignment 2Week 8: Marketing Plan Part B Roderick D Williams Strayer University Marketing Management Professor Caitlyn Worner 6/1/14 7 Cities Do It Yourself Auto Repair The concept of 7 Cities Do It Yourself Garage did not derive from the passion of an individual repairing their own automobiles, it derived from finding a money saving solution to small auto repairs. Many people do not change their own oil, which is a very inexpensive preventive maintenance cost. Once you get the feel for doing your own oil changes, it will lead to you learning more about vehicle repairs and the amount of money saved in the process. This knowledge will come in handy especially during difficult economic down times, like the economy in 2008. As you learn more about at home car repairs, some required tools and equipment are not available for use in the driveway or garage. Researching a few backyard mechanics you will find the same problems. In addition, many people that rent homes and apartments are not allowed to work on automobiles on the premise, of the rental property; in the city of Norfolk it is illegal and by owner discretion in others. Roderick Williams has been a vendor at a local flea market for over 10 years and through his consumer connections, he was often asked does he know of someone that can fix this or repair that. Another vendor sells stereo equipment, but there is no one to install the equipment, especially on rainy days...
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...Strayer University The effects that the Intervention Program will have On High School Dropouts Male and female A directed study project submitted to the faculty of the Graduate school of business candidacy For the degree of masters of Education Definition of terms………………………………………………………………8 Significance of the study………………………………………………………...9 Organization of the study………………………………………………………..9 II. REVIEW OF LITERATURE Current Literature…………………………………………………………………….13 III. RESEARCH DESIGN AND METHODLOGY Research methodology……………………………………………………………….16 IV. FINDINGS Results………………………………………………………………………………..17 V. CONCLUSION Introduction………………………………………………………………………….30 Summary and Conclusion……………………………………………………………31 Recommendations……………………………………………………………………32 REFERENCES References………………………………………………………………………...33 Chapter 1 INTRODUCTION Context of the problem Every year the statistics reveal that more high school students are dropping out of school at an alarming rate. There are many factors that contribute to the high school dropout rate such as: teen pregnancy, substance abuse and socio-economic standards, peer pressure and familial factors. Three-quarters of state prison inmates are high school drop...
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...I seek not only to obtain a broader understanding of this particular theology of liberation, but also to understand the Marxist ideological concept within the Black Theology of Liberation. Towards the culmination of the decade which witnessed the peak of the Civil Rights movement, black churches throughout America in the 1960s began to search for avenues through which they could help their communities cope with racial discrimination. Caught between the contradicting preachings of Martin Luther King Jr. and Malcolm X, a peculiar young theology student from Union Theological Seminary of New York City, James H. Cone, published his proposal for a Black Theology of Liberation titled Black Theology and Black Power (1969). This first scholarly work served as an introduction to his following work A Black Theology of Liberation (1970), which earned him the title of the founder or chief architect of Black Theology of Liberation in America. Cone, who was born and raised in the segregated South of the United States, not only developed this avenue through which the African-American community could assimilate their experiences with the gospel of...
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...Matthew Ricci Dr Merricks English 102 28 February 2014 Jet noise throughout South Hampton Roads The sound of freedom or not? Society today is filed with noise; there is no escaping it. The combined toll of occupational, recreational, and environmental noise exposure from sounds that is heard daily can possibly pose a serious public health issue. Everyday noise society looks at as “common” can include heavy construction equipment, sirens from emergency vehicles, lawn mowers and a little more noticeable, jet noise. No denying that anyone who has lived near an airport in any number of big cities or spent time in proximity to a military installation has been exposed to and possibly inconvenienced by the loud sounds of jet aircraft. To the locals that have lived and spent time in the Hampton Roads area, jet noise is as common as hearing a fire engine. Anyone living or working near one of the several military bases in the area or the Norfolk International Airport has heard or been affected in some way by jet noise. Jets noise in this part of Virginia is not just a daily occurrence but also a necessary one in order to preserve troop readiness and even society’s way of life. An examination of the state of global insecurity creating much higher operational military requirements since 9/11 and the economic stability our military bases provide reveal the necessity for higher tolerance of jet noise. Military training and readiness are directly proportional to the rise...
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... Although from different generations, their attention focused on the African-American struggle for political, social and economic equality. However, they sharply disagreed on strategies for black social and economic progress; to better understand their opposing philosophies, it is helpful to also consider their radically different backgrounds, which influenced their world-views. W.E.B. Du Bois was born in Massachusetts, three years after the end of the Civil War. His great-grandfather had fought in the American Revolution and his family had been part of the community for generations. Du Bois learned of his African roots from his grandmother, and was given a sense of destiny from his mother, who raised him after his father left home. Du Bois was a brilliant young man, working as a correspondent for New York newspapers while still in high school, and, with the help of influential members of his community, went to Fisk University in Nashville. His years at Fisk changed his life – there Du Bois met sons and daughters of former slaves, who embodied the cultural and spiritual tradition that Du Bois had glimpsed as a child. He also encountered the White South, and saw how they were destroying the achievements of Reconstruction. He saw the suffering of rural blacks when he taught school during the summers in East Tennessee, and he saw how blacks were being terrorized at the polls. Du Bois resolved that in some way he would dedicate his life to alleviating the racial and...
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...Identifying Strategic Issues Cherra T. Hampton-Mitchell Benedictine University Abstract Phase four of the Mobilizing for Action through Planning and Partnerships (MAPP) process provides guidance for identifying strategic issues in the target community (National Association of County & City Health Officials, n.d.). According to the National Association of County & City Health Officials (NACCHO), identifying strategic issues reveals what is important within the community (NACCHO, n.d.). By identifying these issues, strategies can be developed to improve community health (NACCHO, n.d.). The purpose of this research is to identify strategic issues in Petersburg, Virginia. Synthesis and Analysis Four MAPP Assessments were conducted during phase three of the MAPP process. The four assessments include the Community Themes and Strengths Assessment, the Local Public Health System Assessment, the Community Health Status Assessment, and the Forces of Change Assessment (NACCHO, n.d.). Each Assessment revealed important information about community health in Petersburg, Virginia and must be analyzed to give a complete picture (NACCHO, n.d.). The Community Themes and Strengths Assessment (CTSA) revealed several important thing about Petersburg. Petersburg, despite being a small city, has a wealth of healthcare resources within city limits and in the surrounding area. There are two organizations that provide primary...
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...Hampton Machine Tool Company (HMTC) is a machine tool manufacturing business whichstarted in 1915 and has been a stable company since its establishment. The company’srevenues rely heavily on military aircraft and automobile manufacturers within the St. Louisvicinity.During 1960’s until end of 1970’s, HMTC experienced highs and lows which were mainly due toincreases and decreases in production. This is influenced by the Vietnam war, economicconditions, expansion of export market and demise of competitors. Though adversecircumstances happened, HMTC has successfully survived these problems. This can beattributed to the company’s conservative financial policies.In December 1978, Benjamin Cowins, President of HMTC, requested a 1M USD loan to St.Louis National Bank to purchase stocks of several dissident shareholders. The interest rate for the loan was 1.5% to be paid monthly and the principal of the loan is to be paid on September 1979. Mr. Jerry Eckwood, Vice President of St. Louis National Bank allowed the loan requestbecause of three reasons: 1) HMTC’s submission of projected sales and forecasted financialstatements; 2) HMTC’s credibility as depositor in St. Louis Bank and 3) Mr. Cowins’ credibility inthe business community. However, in September 1979, Mr. Eckwood received a letter fromHMTC requesting to extend repayment of the loan to December 1979 and a further loan requestof 350,000USD for equipment purchases. Point of View and Problem Definition The point of view to be taken...
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...Priscilla’s Bakery Lekicia Williams-Gist Tuesday, September 6, 2011 Dr. Reeley Bus 508 Business Enterprise Executive Summary Priscilla’s Bakery is a bakery that sells homemade desserts that range from cakes, cupcakes, pies, and cookies. We can loosely be described as a quick-service restaurant, where customers come in order their favorite dessert and a drink, and enjoy the comforting atmosphere of sweet smelling flavors and aromas from the desserts. Priscilla’s Bakery will hold true to its vision of being a new concept with an old fashioned feel in order to become one of the best homemade dessert bakeries in Greenville SC. After the first year of doing business, we plan on hosting parties at the bakery, catering special events, and eventually adding lunch items to the menu. Once we are well established, we will hire two to three additional staff members to help with counter orders, serving, and possibly baking. We will host free cake days where we will have consumers enter their names in a drawing to win a free bakery desserts. We have specifically targeted segments of people with an appreciation for delicious desserts and a need for comfort and relaxation. Priscilla’s Bakery’s plan within the first year is to concentrate on paying our loan back while steadily making a profit. By the third year of operation we plan on having sales in the range of $200,000 which will help us hire new members and possibly expand our variety on the menu, include lunch items, and maybe...
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...Mäori & Public Health: Ethics A discussion paper Preamble Being asked to write a paper on Mäori perspectives on Public Health ethics raises issues for me. Some years ago my research colleagues and I invited Moana Jackson to participate in a project on genetic engineering. Our first question for him was along the lines of whether Mäori had a ‘unique perspective’ on genetic engineering. It was then that we received our lesson about the use of the word ‘perspective’ (Cram, Pihama & Philip-Barbara, 2000:66-67). Moana said that, ‘The word perspective to me is interesting. It assumes that there is something that is a given upon which Mäori can be expected to have a valid point of view. The moment you do that you situate the Päkehä model as the truth; and you ask Mäori to give a view on it. I think there are Mäori truths and they exist independently of whatever Päkehä view as reality or truth and to seek a Mäori perspective is to legitimate the Päkehä perspective on the issue. So to ask for a Mäori perspective on say the use of land is to validate the Päkehä concepts of property and seek to fit a Mäori view of that within it. Whereas what we should begin with is: what is the Mäori truth on land and how does that sit alongside, rather then fit within, the Päkehä view?’ Perhaps even more scary than asking whether there is a Mäori ‘perspective’ on Public Health ethics is the thought of asking what the Mäori ‘truth’ about Public Health ethics is. Once again, Moana is able...
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...A TEACHER’S GUIDE TO THE SIGNET CLASSIC EDITION OF BOOKER T. WASHINGTON’S UP FROM SLAVERY By VIRGINIA L. SHEPHARD, Ph.D., Florida State University S E R I E S E D I T O R S : W. GEIGER ELLIS, ED.D., ARTHEA J. S. REED, PH.D., UNIVERSITY OF GEORGIA, EMERITUS and UNIVERSITY OF NORTH CAROLINA, RETIRED A Teacher’s Guide to the Signet Classic Edition of Booker T. Washington’s Up from Slavery 2 INTRODUCTION Booker T. Washington’s commanding presence and oratory deeply moved his contemporaries. His writings continue to influence readers today. Although Washington claimed his autobiography was “a simple, straightforward story, with no attempt at embellishment,” readers for nearly a century have found it richly rewarding. Today, Up From Slavery appeals to a wide audience from early adolescence through adulthood. More important, however, is the inspiration his story of hard work and positive goals gives to all readers. His life is an example providing hope to all. The complexity and contradictions of his life make his autobiography intellectually intriguing for advanced readers. To some he was known as the Sage of Tuskegee or the Black Moses. One of his prominent biographers, Louis R. Harlan, called him the “Wizard of the Tuskegee Machine.” Others acknowledged him to be a complicated person and public figure. Students of American social and political history have come to see that Washington lived a double life. Publicly he appeased the white establishment...
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...current nursing developments and improvements of social, cultural, educational and scientific advancements in healthcare for the expansion of a more unified practice of the nursing profession nationally and internationally based on a theoretical path of deductive reasoning, a quantitative approach. American and European nursing leaders: Isabel Hampton (Robb), Lavinia Dock, Eva Lückes, and Ethel Bedford Fenwick (Crane 2010), were given the opportunity to influence and provide guidance to sanction the evolution of nursing education processes for the development toward the progression of second generation of nursing. As a result of this event, the nursing profession has become one of the most respected professions devoted to health promotion for the benefit of mankind. This paper will explore the development of how clinical expertise developed, and by what methodologies influence the development nursing education, clinical guidelines, and best practices for patient care and evidence-based nursing practice in the campaign of the nursing profession. The method and research design utilized in this journal article is data analysis. An analysis was conducted on the 31 collected papers of the report of the International Congress of Charities and Philanthropy, using traditional historical...
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...Cross Cultural Perspectives Fred (Bo) Hampton ETH 316 January 30, 2012 Chuck Thompson Cross Cultural Perspectives The Nike Corporation is a well known global organization. From the very beginning the company has turned to other countries as a means of cheap labor. Nike was started in 1964 as Blue Ribbon Sports. Over the years Nike have had a few challenges with cultural issues. Nike has been criticized for using some factories that are located in China, Vietnam, Indonesia and Mexico. The factories that they were using in Vietnam was documented for violating minimum wage and overtime laws, they have made the changes to correct these mistakes. During the 1990s, Nike faced criticism for the use of child labor in Cambodia and Pakistan in factories it contracted to manufacture soccer balls. Although Nike took action to curb or at least reduce the practice, they continue to contract their production to companies that operate in areas where inadequate regulation and monitoring make it hard to ensure that child labor is not being used. A July 2008 investigation by Australian Channel 7 News found a large number of cases involving forced labor in one of the largest Nike apparel factories. The factory located in Malaysia was filmed by an undercover crew who found instances of squalid living conditions and forced labor. Nike has since stated that they will take corrective action to ensure the abuse does not continue with in any of the factories that they are contracted...
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