Assignment 1: Ocean Carriers Refer to the HBS case “Ocean Carriers” and answer the questions below. Each student must turn in a hardcopy of her/his solution and answers in class at the start of the week-4 lecture. She/he must also up-load a softcopy of her/his solution spreadsheet on LMES by then‚ too. Note: You should complete the related textbook chapters (RWJJ Chapters 7 & 8) before attempting this case. In particular‚ you need to study the Baldwin Case first (Chapter 8.2 + material on LMES)
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------------------------------------------------- Frank Ocean Christopher Francis Ocean (born Christopher Breaux; October 28‚ 1987)‚ better known by his stage name Frank Ocean‚ is an American singer-songwriter from New Orleans‚ Louisiana. Ocean’s early career was as a ghostwriter for artists such as Brandy‚ Justin Bieber‚ and John Legend. In 2010‚ he became a member of alternative hip hop collective OFWGKTA‚ and his debut mixtape‚ Nostalgia‚ Ultra‚ was released the following year to critical acclaim
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Guide for Case Analyses “Ocean Carriers” Objectives of case: The key objective is to develop an understanding of how discounted cash flow analysis can be used to make investment and corporate policy decisions. 1. Determine the value and net present value of a real assets; 2. Distinguishing between book value and market value; 3. Identifying and forecasting incremental expected cash flows‚ including initial and ongoing capital expenditures‚ investment in net working capital‚
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Community Based Water Resources Management – Some Regional Experiences1 K M Baharul Islam Development Gateway South Asia ABSTRACT Massive economic and industrial development across the world is depleting access to water resources for the poorer and marginalized communities. While available water resources are increasingly put to sever stress due to over exploitation‚ the communities whose livelihood depends on water resources are being threatened by the lack of access to water. Therefore‚ it
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Ocean Carrier Case Study Summary In order to accept the recently submitted leasing contract proposal‚ Ocean Carriers would have to purchase a new ship. The purchasing of a new ship is a considerable investment. We have analyzed whether or not Ocean Carriers should make this investment using Free Cash Flow and Net Present Value (NPV) analysis. Given the details of the contract‚ the forecasted daily time charter rates‚ and the costs data; we have concluded that Ocean Carriers should not accept
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Case 1.1 – Client Acceptance Question # 1: Identify 5 procedures an auditor should perform in determining whether to accept a client. Which of these five are required by the auditing standards? a. (AU 314) The auditor should obtain an understanding of the entity and its environment in the following areas: i. Client’s application of accounting policies ii. The industry‚ regulation and other factors affecting the client iii. Client’s objectives ‚ strategies‚
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OCEANS AND THEIR COASTAL MARGINS: Distributions of oceans and ocean currents Distribution and Importance of Oceans: Oceans cover about 70% on the earth’s surface Great importance to humans in number of ways‚ include: regulating global climates and as a source of economic materials. Oceans are also important for leisure and recreation Oceans cover about 50% of the earth’s surface in the northern hemisphere and about 90% in the Southern hemisphere Ocean / Sea Area in 1000km^2 Pacific
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LAKE A lake is a body of relatively still water of considerable size‚ localized in a basin‚ that is surrounded by land apart from a river‚ stream‚ or other form of moving water that serves to feed or drain the lake. Lakes are inland and not part of the ocean and therefore are distinct from lagoons‚ and are larger and deeper thanponds.[1][2] Lakes can be contrasted with rivers or streams‚ which are usually flowing. However most lakes are fed and drained by rivers and streams.Natural lakes are generally
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Ocean Carriers Inc. A Case Study By ab Introduction • Ocean Carriers Inc. owned and operated cape-size dry bulk carriers worldwide. • Major Cargo type : Iron ore. • Vessel sizes : 80000 DWT to 210000 DWT. • Cape-size carriers travel around Cape Horn rather than the Panama Canal due to size constraints. Operations Maintenance Maintaining Supplies And on board Stores Supply of Lubricants Cargo Operations Repairs Insurance Business Model • Mostly chartered
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Ocean Carriers Case Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? Daily spot rates are expected to decrease next year because 63 new vessels are scheduled for delivery over the next year and imports of ore and coal would most likely remain stagnant over the next two years. Imports of iron ore and coal and the number of vessels available are two big factors of spot rates. 2. What factors drive average daily hire rates?
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