Financial Management Prof. Randy Fisher Case Study Questions: Ocean Carriers These questions relate to the Ocean Carriers case in your course packet. You can find the data for this case on the course website in a spreadsheet named: Ocean Carriers Exhibits.xls. This case provides the opportunity to make a capital budgeting decision by using discounted cash flow analysis to make an investment and corporate policy decision. Ocean Carriers is a shipping company evaluating a proposed lease of a
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The Indian Ocean is one of the oldest trade routes between Africa and Asia. During the early days of Indian Ocean trade‚ the buying and selling of goods took place only between the Swahili people living in East Africa and Arabs from Asia. Indian Ocean trade was made easy by the monsoon winds that circulated between Asia and the Eastern coast. These winds blew north to the south and from the south back to the north in a circular fashion. These winds change direction with the change of seasons. In
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Ocean Acidification Climate change’s equally evil twin seems to be ocean acidification. 25 percent of the CO2 dissolves into the ocean instead of being in the air. When the industrial era started over 525 billion tons of CO2 were absorbed (22 million tons per day). Scientists at first thought that we were good because it warms the planet‚ but that’s not the case. The ocean is becoming more acidic than ever because of the CO2. 200 years later the water temperature increased by 30 percent. Rivers usually
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concerned about Global warming‚ ocean acidification‚ and pollution. Scientist are mainly concerned with global warming because it’s affecting our food and water supply. Pollution is also a serious issue that scientist are researching because scientist still don’t know how much it’s affecting our food chain. Ocean acidification is a serious issue too because it’s causing parts of the ocean to unsaturate. A reason for ocean acidification is excess of carbon dioxide making the ocean more acidic than what it
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Beginning in the southeastern Vic city of Torquay and stretching a full 244 kilometres to the city of Allansford near Warrnambool‚ lies what has been labeled by many as the greatest example of scenic coastal road engineering that exists: The Great Ocean Road (TGOR). Having been actually built by returning World War I Aussie soldiers‚ TGOR today still stands as the world’s largest war memorial. This architectural wonder consists of a two-lane road‚ one lane in each direction. As it travels through
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Breaking it down into pieces this is how ocean acidification is defined to be apart a resilient system. First‚ it can survive‚ adapt and grow to see change. Oceans are just not going to disappear‚ they have been around since the world has evolved‚ its not the first time it has come to see change. Even though this change is not natural examples likes the ice age‚ oceans since the beginning of time have been adapting to change‚ this is just another state affair where the world has to alter to adaptations
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Alex Larson P.7 12/3/12 Change and Continuity of Commerce in the Indian Ocean Region from 650 CE to 1750 CE. The Indian Ocean has always been a powerful trading region‚ between East Africa and China‚ that has caused religion‚ crops‚ languages‚ and people to spread. Through the rise and fall of powerful land and sea empires‚ trade routes shifted and control switched hands numerous times over history. The goods have remained fairly constant‚ compared to the traders and the powers behind them
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erupts onto the earth’s surface. They can either form on land or in the ocean. The Cascade Range in Washington‚ Oregon and northern California is composed of volcanic mountains. Some of the largest volcanic mountains are found along divergent boundaries‚ which form the mid-ocean ridges. The mid-ocean ridges have huge volcanic mountain chains that run through the Atlantic‚ Pacific and Indian Oceans. The mountains in the mid-ocean ridges can actually grow tall enough to create islands such as Iceland
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The Indian Ocean trade led to an increase in sea trade. “Unlike the Atlantic‚ the Indian Ocean had long served to connect rather than divide‚ facilitating trade among East Africa‚ the Persian Gulf‚ Indian‚ Southeast Asia‚ and China along maritime routes complementing the Silk Road that had long bridged eastern and western Eurasia by land” (Hansen and Curtis 471). The Dutch and the Portuguese stepped in‚ and intruded on the Indian Ocean. The goal of the Portuguese was to build new networks of trade
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garnished with thinly sliced onions and aji limo or rocoto peppers. It’s served with sweet potatoes and large kernel Andean corn on the cob. Ancient civilizations in Peru and Ecuador had access to fresh seafood along the coast of the Southern Pacific Ocean. The Humboldt current supplied the region with a rich variety of fish‚ squid‚ and shellfish. Smaller tribes along the coast‚ took raw seafood and created a basic version of ceviche. They would season the raw fish with chile peppers‚ salt‚ and herbs
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