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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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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To what extent was culture in Hong Kong in the second half of the 20th century shaped by foreign cultures? Hong Kong was a city with diversified culture. Populated with an overwhelming majority of Chinese‚ Hong Kong had definitely been deeply influenced by traditional Chinese culture and customs. Meanwhile‚ it had also been governed by Britain for more than a century‚ and had developed close links with the West. Yet‚ culture in Hong Kong in the second half of the 20th century still mainly followed
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Hong Kong Housing Problem is not only attributed to the High Population Density Every Hong Kong citizen knows one of the grave troubles in Hong Kong is housing problem. The order of severity can be apparently reflected by many figures in recent research studies. ”Rents up 22 per cent in Hong Kong“ (2011) remarks that “the price of renting two-bedroom accommodation rose by 22% to US$2‚830 a month between 2009 and 2010“ (¶2). Subcommittee on Building Safety and Related Issues (2010) also observes
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War Two. First one is the battle of Hong Kong‚ second one is the battle of Dieppe‚ and the last one is the D-Day. These three battles were very effective and important for the war and world. The battle of Hong Kong is one of the most significant battles in World War II. This battle happened on December 8th 1941 in Hong Kong. It was the time after Japanese attacked Pearl Harbor. The Japanese soldiers were very confused about how to attack China‚ and Hong Kong was a
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Theme Park Engineering 1. An accurate descriptor on the demographics of guests Hong Kong Disneyland is a fantasy and romantic place. Couples and family are the main guests in the beginning. Now‚ mainland visitors also are main of Hong Kong Disneyland guest. There have a lot of characters from famous Disney stories ‚such as Mickey Mouse‚ Minnie Mouse‚ Princesses . Thus it can attract children. Especially for 12 years children‚ they love these characters very much. And the girls love
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The positive and negative influence media advertising has on teenagers in Hong Kong Nowadays‚ media advertising has become very popular in the world. Teenagers can see in news‚ in magazines‚ on posters‚ on television and even on the Internet. However‚ some false may disseminate from these media. In this essay‚ I shall look at both the advantages and disadvantages of media advertising on teenagers. On advantage of media advertising on teenagers is that they can notice some information about
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Strategic Analysis Report Nav-Star Consultants Prepared for: Michael Lloyd (Tutor) Authors: Stephen Hill (7136196) Rohan Dwyer (6825079) Natalie Fraser (8382719) Vivian Ng (7660162) Due: 25/05/2012 Word Count: 2385 Tutorial: Thursday 1800-1900 Qantas Head Office 203 Coward Street Mascot NSW 2020 Ph: (02) 9691 3636 Fax: (02) 8222 4700 MGB309: Strategic Management Semester 1‚ 2012 Contents 1 2 3 Preface ...........................................................................
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Strategic Ethical Issues in relation to a Holiday Park Contents Pages Assignment Brief Introduction Background to the industry Background to Holiday Park What is Ethics? Teleological Theories Stakeholder Theory Corporate social responsibility Impacts of ethical behaviour in relation to ethical decision making Costs and drawbacks of behaving Ethically Benefits of ethical behaviour Ethical Issues of
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Teachers’ role in the proclamation of Inclusive Education in Hong Kong: Challenges and Inspirations Introduction Nowadays‚ when we talk about students with special education needs (SEN)‚ we are no longer focusing on how special education schools treat the SENs for their learning. We address to the issue inclusive education because the public believes every child should share the same fundamental right to learn in a ‘normal’ classroom and education should be provided to cater the wide diversity
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