(a) Statement of Problem. Ocean Carriers is evaluating a proposed three year lease of a ship. Currently‚ no ships in Ocean Carrier’s fleet meet the requirements of the customer. Since the new ship requires an investment of $39 million‚ Mary Linn‚ the Vice President of Finance for Ocean Carriers‚ needs to evaluate the proposal’s NPV and determine whether or not to accept the proposal by considering expected cash flows‚ tax implications‚ and future market conditions. (b) Statement
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Opened in 1977‚ Ocean Park Hong Kong is one of Hong Kong’s favourite attractions‚ featuring rides‚ exhibits and conservation facilities. Ocean Park is located on the southern side of Hong Kong Island‚ covering more than 870‚000 square metres of land. There are three attraction areas‚ which are the Lowland‚ the Headland and Tai Shue Wan. The three areas are connected by a cable car‚ outdoor escalator which is the second longest in the world and Ocean Express. Aqua City Ocean Park’s Aqua City
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Ocean Park‚ situated on the southern side of Hong Kong Island‚ is Hong Kong’s premier educational theme park. The current park covers more than 870‚000 square metres of land and features a diverse selection of world-class marine attractions‚ thrill rides and shows divided between three areas: Lowland‚ Headland and Tai Shue Wan. Operated by the Ocean Park Corporation‚ a statutory board‚ it is a not-for-profit organization that aims to provide elements of entertainment‚ education and conservation at
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is a problem in our world today. This problem is called ocean acidification. Ocean acidification is a process caused by increasing man made carbon dioxide emissions. This process is making the oceans more acidic. Ocean acidification could affect humans.With such decline of fish and shellfish stocks due to ocean acidification will impact an big role in the human source of protein. millions of people could be affected. Ocean acidification affects crabs snails and sea urchins. These
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Between 1450 and 1700‚ attitudes toward the European poor changed dynamically‚ roughly following a three-part cycle. In the late 1400’s‚ the poor were regarded with sympathy and compassion; generous aid from both public and religious institutions was common. By the 16th Century‚ however‚ the poor were treated with suspicion and harsh measures‚ to ensure that they were not becoming lazy‚ using welfare as a substitute for labor. Beginning in the 17th Century‚ the attitudes toward the poor again shifted
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Hurricane a Natural Ocean Disaster The ocean has been shaping our land as we know it for millions of years. It is a beautiful part of our Earth‚ nonetheless it has the greatest influence on some of the deadliest natural disasters to us and these disasters alter our shorelines and lives as we know it. Hurricanes are among the deadliest natural disasters known‚ those that live near the Gulf or eastern coast know of and prepare for the damages it can cause. Many have heard of the devastation hurricanes
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that Ocean Carriers is a U.S. firm subject to a 35% statutory (and effective) marginal tax rate. Second‚ assume that Ocean Carriers is domiciled in Hong Kong for tax purposes‚ where ship owners are not required to pay any tax on profits made overseas and are also exempted from paying any tax on profit made on cargo uplifted from Hong Kong‚ i.e.‚ assume a zero tax rate. Answer With 35% tax in the US we have a negative NPV of 35% hence recommended not to proceed with the project. If Ocean carriers
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Ocean dumping Ocean Dumping The practice of ocean dumping should be banned. Marine pollution is at the heart of interest in today’s search for a clean environment. Not only does ocean dumping add to the unsightliness of the once beautiful and pristine waters; it also kills the marine life which inhabits those waters. Pollution on a grand-scale is wreaking havoc on the Earth. The ocean is not an exception. In 1996‚ a bill‚ which would ban the dumping of dredge spoils in the Long Island Sound‚ was
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Did you know that most of the ocean pollution comes from us? This pollution can hurt the ocean animals and it will affect the food that we eat. Some of the most worst ocean pollution is untreated sewage dumped into the ocean‚ toxic chemical‚ and oil spills. The sewage gets into the ocean because of sewage pipes that break or leak. This is a problem because the sewage makes to much algae‚ and it will remove the oxygen. Around 80% of the sewage that is in the ocean is untreated. To help stop sewage
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Trashed: Our Ocean By: Meaghan Todd December 10th 2010 CGW-4U1-02 Mr. Kyriacou Have you ever been to the beach? I have and swimming in the ocean is one of my favourite things to do when I go on vacation! You wouldn’t want someone to come into your house and throw their cigarette butts or their plastic drink container on your kitchen floor when they’re done would you? I know I wouldn’t. Littering in the ocean does not magically get rid of your garbage; the marine wildlife
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