Ocean Carriers Objectives • Forecast pro-forma cash flows for a project • Estimate project values using Net Present Value (NPV) • Conduct sensitivity analysis for the forecast inputs Setting • January 2001 • Customer offering attractive terms on 3-year lease for a capesize carrier • Would require purchase of new carrier since existing fleet does not fulfill customer needs • Should it be purchased? Industry Dynamics • Revenue Drivers • Outlook in the: –
Premium Generally Accepted Accounting Principles Net present value Cash flow
The Hungry Ocean Many people think that fisherman is one of the most male dominated‚ most dangerous professions and not suite for woman. However‚ Linda Greenlaw‚ the captain of the Hannah Boden‚ has proved herself that female can be a fisherman. She breaks the beliefs and superstitious that women are “Jonahs” (bad luck aboard boats) and also make the world realized that gender discrimination does not play a part on her career. As for being female‚ she says‚ "it hasn’t been a big deal. I never anticipated
Premium Fisherman Problem solving Ship
USE OF CASE This case is designed to expose students to a client acceptance decision that includes consideration of both significant positive and negative client acceptance issues. The case has been designed to present a non-trivial acceptance decision‚ making class discussion more rich and interesting. The case is intended to go beyond the standard textbook treatment of the client acceptance decision by illustrating the subjective nature of the process and stimulating discussion of the issues
Premium Homework help service Writing Student
FIN 555 CASE 1 Q3 Ms.Linn should not purchase the capsize carrier because the NPV is negative. a. Incremental earning forecast 1. Operating Revenue From the following Exhibit‚ We can see that from year 2003 to year 2007‚ from year 2008 to year 2012‚ and from year 2013 to year 2017‚ 8 days‚ 12 days and 16days is separately used to repair. The annual operating revenue = expected daily hire rate * (365- numbers of days for repair) 2. Operating Cost The annual operating cost
Premium Generally Accepted Accounting Principles Depreciation
Installing Koha 2.2 on Fedora Core (1‚ 2‚ 3) Joshua Ferraro 2005-01-09 Revision 2.2.0 Revision History 2004-12-23 jmf Changes made by Joshua Ferraro. Original Document Revision 2.2.0p1 2005-01-08 Add information on SELinux to Apache section Table of Contents 1. Using this document ................................................................................................. 1 1.1. Copyright and License ..................................................................................
Premium Linux Fedora PHP
McGraw-Hill Online Learning Center Test Answers 1. There was a dramatic increase in three of the following economic indicators during the mid 1920s. Which is the exception? Your response: rate of inflation Correct! Correct. See pages 809-10. 2. America’s economic boom in the 1920s resulted from: Your response: all of the above. Correct! Correct. See page 810. 3. Which of the following industries seemed least affected by the trend toward consolidation in the 1920s? Your
Premium Ku Klux Klan
Ocean Manufacturing‚ Inc. c as e 1.1 The new client acceptance decision Mark S. Beasley · Frank A. Buckless · Steven M. Glover · Douglas F. Prawitt l ea r n ing o bje C t ive s After completing and discussing this case you should be able to [1] Understand the types of information relevant to evaluating a prospective audit client [2] List some of the steps an auditor should take in deciding whether to accept a prospective client Identify and evaluate factors important to
Premium Balance sheet Asset
trying to answer many unclear questions about ocean garbage and just how badly it’s affecting the ocean and marine life. Rochman believes that a lot of the supposed “threats” that scientists say ocean garbage pose had not been tested at all‚ and that the scientists had an insufficient amount of information to prove that the debris is doing or going to do exactly what they claim. Rochman and her colleagues studied over a hundred papers on the subject of ocean garbage and it’s effects. Eighty-Three percent
Premium
rized ocean freight industry. First of all‚ we will introduce the background and development of ocean freight industry; explore the characteristics of ocean freight price and demand. Then we will analyze relationship between demand and price. Two famous shipping companies‚ COSCO and MSC will be introduced as examples to implement price optimization with price differentiation and competition considered in ocean shipping industry. Finally‚ we will discuss revenue management in ocean freight
Premium Containerization Cargo Transport
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
Premium Investment Net present value Rate of return