Ocean Carriers HW#7 PRINCIPLES OF MORDERN FINANCE (FALL 2012) JINGYE HAN “Ocean Carriers” case 1) Do you expect daily spot hire rates to increase or decrease next year? I expect daily spot hire rates to decrease next year. Based on Exhibit 3‚ order book in 2002 for dry bulk capsizes decreased‚ indicating a decrease in demand. Meanwhile‚ Based on Exhibit 2‚ the majority of capsize fleets in December 2000 are in the age within 15 years‚ among them‚ the largest portion is of those under
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Substantive Issue Ocean Carriers is a shipping company evaluating a proposed lease of a ship for a three-year period to a customer‚ beginning in 2003. The proposed leasing contract offers very attractive terms‚ but no ship in Ocean Carrier’s current fleet meets the customer’s requirements. The firm must decide if future expected cash flows warrant the considerable investment in a new ship. Objective of Case Assignment To provide your team an opportunity to make a capital budgeting decision
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planning……………………………………………………………………………………………………………………… 15 4.6 Research and development……………………………………………………………………………………………………. 17 5. BIBLIOGRAPHY 19 6. ABBREVIATIONS ………………………………………………………………………………………………………………..19 1. EXECUTIVE SUMMARY 1.1 Company profile Continental Computer Corporation (CCC) is a corporate with worldwide operations encompassing just about every aspect of the computer field. CCC operates with three divisions apart from corporate headquarters‚ namely the Eton Division‚ the Lampco Division
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Assignment 4 Case 7.2 Revenue Recognition Associated with Frequent Flier Miles Continental Airlines: Revenue is deferred and recognized when transportation is provided • Revenue is realized‚ and earned. The carrier has performed its duty‚ the service has been preformed. The amount of the claim is known AMR (American): Revenue is deferred and recognized over the period approximating mileage credits are used • Because there is no actual way of knowing when/if mileage will be used‚ it is not
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The Importance of the Aircraft Carrier in Defense of the United States of America The aircraft carrier has been around in various forms since the First World War. Its emergence as the key denominator of naval power is legendary‚and its continuing prestige in this role is even yet spawning building programs among established and growing navies. The aircraft carrier is the largest and most complex of all warships and in most cases the most expensive. In addition to the cost of the ship itself
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A Practical Training Report On “Power Line Carrier Communication” Submitted in partial fulfillment for the award of the degree of BACHELOR OF TECHNOLOGY In Electronics & Communication Engineering [pic] 2010-2011 (13 May2010- 20June2010) Submitted to: - Submitted by: Mr. Yogesh Bhomia Abhishek Mehta Associate Prof. & Head 07EAIEE001 Deptt
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Ocean Carriers Assumptions and Methodology Based on an NPV analysis considering multiple scenarios‚ Ocean Carriers should commission the construction of a new capesize carrier in the event they are operating with no corporate tax and chartering the ship for its entire 25 year life. Such is the recommendation assuming the forecasted hire rates and estimated costs are accurate over the long-term. However‚ if Ocean Carriers chooses to adhere to their policy of selling ships at market value
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Case Study: Hotel Continental Prepared by: William Andrew G. Bulaqueña Ricci A. Tilos Nympha Marie R. Rubin Sheila Mae N. Chua Tristram A. Gamo John Paul T. Antiquiera Safie Jane M. Ayco MGT 12-G Prepared for: Asst. Prof. Dina Wong – Remoto HOTEL CONTINENTAL In July 1989‚ Mr. Oscar Mendoza‚ owner of Triumph Tours read in the newspapers an advertisement for the leasing of Hotel Continental’s facilities. During the last six months‚ Oscar Mendoza has been seriously thinking about
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M2 Explain the implications of the legal requirements of airfield operations Student’s name: Blessly Ortiz Assessor’s name: Rami El Samra Introduction: Low-cost carriers are no-frills airlines that offer cheap ticket fares to passengers who would like to fly at a minimal cost. Many low-cost carriers start to enter the aviation market which became one of the struggles to all major airlines that have already existed years back. Through the years‚ these types or airlines begin to
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carte. What’s behind the success (and sometimes failure) of budget airlines? Do they cut corners on safety? What is it like to fly on a budget airline? In this article‚ we’re going to take a hard look at airline economics and find out how budget carriers stay in the black. Cost factors independent of safety One of the ways that airlines can reduce their costs is by buying fuel at the right time. If they buy kerosene when it is cheap they may be able to save millions of dollars. Another way of
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