OCEAN CARRIERS CASE 1) Should Ls Linn purchase the $39M capsize? Make two different assumptions. First‚ assume 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. The
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Ocean Acidification The main theme of the 3 articles is that the ocean is becoming more acidic due to fossil-fuel emission of CO2. The ocean has absorbed about 525 billion tons of carbon dioxide from the atmosphere‚ this reduces the amount of greenhouse gas in the atmosphere (1). ). It is lowering the pH by .1 units changing it from 8.2 to 8.1… it is becoming more acidic. (2). It happens when the CO2 from the air mixes with the sea water‚ it produces a bicarbonate ion. This bicarbonate ion then
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The ocean as vast and as mysterious as it is‚ is facing problems caused by humans dumping waste into it and that is causing marine life to be harmed. It was thought that the ocean was so deep and huge that no matter how much garbage you put into it would have small consequences. As we have seen that is very wrong‚ here are a few of the problems ocean pollution cause: Toxic metals can destroy the biochemistry‚ behavior‚ and reproduction of marine life. Fertilizer runoff creates eutrophication that
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Ocean acidification is caused by CO2 in the atmosphere when it reacts with water it creates carbonic acid. It’s a significant and harmful consequence of excess carbon dioxide in the atmosphere that we don’t see or feel because its effects are happening underwater. When carbon dioxide is absorbed by seawater a chemical reaction occurs that reduces the seawaters pH‚ carbonate ion concentration‚ and saturation states of biologically significant calcium carbonate minerals. It decreases the pH of seawater
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Future of Our Oceans The fact of the matter is that the levels of CO2 that this planet we call Earth is expelling is incredible. Like 30 billion tons per year incredible. This rate of change drastically effects everything‚ including the most popular type of surface we have on Earth‚ our oceans. Although the oceans are delaying the effects of global warming by taking in heaps of carbon dioxide‚ this does not mean the oceans go unaffected. This is not a small problem either. As oceans take in more
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Indian Ocean‚ commerce changed significantly in this time period with the emergence of foreign presence that once only consisted of regions in South Asia. Additionally‚ the Indian Ocean region also changed because of the shift in the way piracy was viewed. However‚ commerce in the Indian Ocean region continued to connect the rest of South Asia because it was a prominent trade network. A change in commerce in the Indian Ocean region was the increasing foreign presence. Early on‚ the Indian Ocean trade
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hasn’t escaped the world’s attention. Ocean acidification however is a much less known issue‚ it is a result of about 79 million tons of CO2 that is released into the atmosphere every single day‚ not just from fossil fuel burning‚ but also from the deforestation of cement‚ and the production of cement. Ever since the beginning of industrial revolution‚ approximately a third of the CO2 let into the atmosphere from anthropogenic reasons got absorbed by the world’s oceans‚ which plays a very big role in controlling
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Ocean Pollution is Destroying the World We are constantly polluting the ocean never realizing the harm that it does. Pollution is creating an environment impossible to live in. Why should animals suffer at our expense? The ocean used to be the most beautiful place in the world‚ filled with life and color‚ but now it has turned into a trash filled monstrosity. We are constantly putting more and more trash into the ocean‚ making marine animals live in our filth. We must end pollution to save our world
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The article “Another Marine Pollution Threat: Noise: Will a More Acidic Ocean be Noisier for Whales?” was written by Cherie Winner and was published in Volume 48‚ Issue 2‚ of the journal Oceanus in 2010. I accessed the article through the University of West Florida’s library’s website by searing for the Opposing Viewpoints in Context database under the “A-Z Database List.” Once on the database‚ one can search the title of the article in the search box to locate it. Winner intended this article to
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The ocean is one of the most biggest and exclusive gift to the mankind. It has been responsible to a quantum harmonizing of the ecosystem. Without ocean‚ the carbon dioxide would have clouded and generate a serious threat to the nearest sheet of atmosphere covering the planet. For humans and animals‚ it provides the needed unbeatable agent of our existence‚ oxygen. Foods in different forms have been stored in this giant earth occupier and life has been sustained in general through the ocean. It is
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