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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Establish a purpose: By the conclusion of the project Students will create a ceramic animal ring holder to demonstrate their ability to create specific artwork using multiple artistic processes and techniques (The School Curriculum and Standards Authority‚ 2014) . The purpose of the project is to learn the artistic processes and techniques needed to create a ceramic project‚ in this case a ring holder. The reason this is done in year four is that the students are required by the School Curriculum
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Background Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001‚ Mary Linn‚ the vice President of Finance for Ocean Carriers was evaluating the purchase of a new capsize carrier for a three years lease proposed by a motivated customer. The leasing contract offers very attractive terms‚ but no ship in Ocean Carrier’s current fleet met the customer’s requirements. In addition‚ this proposed contract is only for three years. Therefore
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24th The Lord of the Rings : The Fellowship of the Ring This is the story of Frodo Baggins‚ as he journeys to the fiery Mount Doom to destroy the One Ring of power in order to stop the dark lord‚ Sauron‚ from regaining his full power once more. In order to do this Frodo teams up with 3 of his hobbit friends‚ Sam‚ Pippin‚ and Merry‚ two humans Aragorn‚ and Boromir‚ a dwarf‚ Gimli‚ an elf‚ Legolas‚ and a wizard‚ Gandalf the Grey. They are known as the Fellowship of the Ring. Their objective is simple
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The following are the principal types of natural vegetation in India: (1) Tropical Evergreen Rain Forests‚ (2) Deciduous or Monsoon Type of Forests‚ (3) Dry Deciduous Forests and Scrubs‚ (4) Semi- Desert and Desert Vegetations‚ (5) Tidal or Mangrove Forests and (6) Mountain Forests. • Tropical evergreen rain forests: These forests grow in areas where rainfall is more than 200 cm. They are mainly found on the slopes of the Western Ghats and the Northeastern regions of Arunachal Pradesh‚ Meghalaya
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How far do you agree that the Reichstag fire handed Germany to Hitler? On the 27th February 1933‚ the Reichstag building was burned down. Hitler was able to take advantage of this. The Reichstag fire was very important it was a step in Hitler becoming fuhrer of Germany. The communists were his closest competition in the election‚ and he made it look like it was a communist plot‚ and was able to go and have the members of the communist party arrested and killed‚ of course all for the good of the
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The Tweed Ring began when William Tweed started his ascent to impact in the late 1840s as a volunteer firefighter in New York City. From this ominous starting‚ Tweed figured out how to fabricate a force base in his ward. He served as a magistrate in 1852-53 and after that was chosen for a term in the U.S. Place of Representatives‚ 1853-55. State and neighborhood undertakings were his prime concern and he stayed dynamic in Tammany Hall‚ the hierarchical power of the Democratic Party in New York. Tweed
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Financial Management Read ‘Ocean Carriers’ and answer the following questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? - The expected daily hire rates drives the daily spot rates higher. So we are expecting the higher daily spot rates under higher expected daily hire rates. 2. What factors drive average daily hire rates? - Demand in iron ore shipments‚ - World economy‚ strong economy in western countries will raise
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evil displayed in The Lord of The Rings Trilogy is a topic which is directly and indirectly displayed. From the opening of the film we are introduced with what is good and what is evil and by the end of the first film we are completely familiar with what represents good and what represents evil. Right after the film begins we are told what the forces of good will be dealing with and the exact form that evil will take on and how it was birthed. We know that the ring is almost the sacramental of what
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naturalism‚ social Darwinism takes the theory of Charles Darwin‚ survival of the fittest‚ and applies it to characters in a story. A story that utilizes all of these styles is Jack London’s To Build a Fire; and it does so quite beautifully. First‚ we observe the use of naturalism in To Build a Fire. The most obvious use would have to be the very descriptive environment. The use of exact temperatures makes this story all the more chilling (no pun intended). Another would be the descriptive repercussions
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