I. INTRODUCTION Located just southwest of St. Louis‚ and 2 miles east of Eureka in an old flood plain used for farming‚ lies a ghost town called Times Beach‚ Missouri. Originally being marketed as a summer hideaway‚ one could purchase a 20 x 100 ft. lot for $67.50 in 1925 and even receive a six-month newspaper subscription. After the Great Depression and gas rationing during World War II‚ the town became a small community of low-middle-class economic citizens. In 1983‚ due to a dioxin contamination
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competition at Dicky Beach Skate Park‚ Sunshine Coast. Hundreds of rowdy teenagers are expected to compete and thousands more as spectators this weekend. These rowdy teenagers WILL create a ruckus for locals and visitors. Further problems will result in the damage to the local environment. As the crowds of spectators descend on Dicky Beach‚ excessive transport‚ pollution and vandalism will be exposed to the landscape. Therefore‚ should not be hosted in this area. Local Dicky Beach resident‚ Mrs. Marther
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in EAL and didn’t score as well on his service wide‚ ET1 Beach took action and scheduled several training sessions for this member to expand his knowledge base and increase his effectiveness as a technician at C3CEN and the Coast Guard. • ET1 Beach assisted ETCS with mid-marks counseling sessions to improve his subordinates marking input and understanding of writing and bullet input for their future as supervisors. • Petty Officer Beach continues to train direct subordinates and other field technicians
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of New South Wales (28°38’35.04”S‚ 153°36’54.47”) Major Issues and Geographical Processes/Effects * Erosion and rising sea levels present themselves as the most major issues; * Particularly on the strip of coast known as Belongil Beach * Erosion along Belongil has created major obstacles for the construction of new buildings‚ and the preservation of pre-existing estates; with many having already been destroyed due to the instability of sand/soil structure.
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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 Carriers” case Assume that Ocean Carriers uses a 9% discount rate. 1) Do you expect daily spot hire rates to increase or decrease next year? (5 points) 2) What factors drive daily hire rates? (5 points) 3) How would you characterize the long-term prospects of the capesize dry bulk industry? (10 points) 4) Should Ms Linn purchase the $39M capsize? Make 2 different assumptions. First‚ assume that Ocean Carriers is a US firm subject to 35% taxation. Second‚ assume that
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PART III: ENTREPRENEURIAL CASE ANALYSIS COMMUNITY WEB.COM: AN INTERNET FIRM’S EFFORT TO SURVIVE QUESTIONS AND POSSIBLE ANSWERS 1. Should Community Web utilize Wall Street Venture Capital as its primary funding source? If not‚ why and what should the firm’s next step be? Community Web should seriously consider Wall Street Venture Capital’s offer. At this point‚ the company is redlining and any funding source approaching them should be heard. Unfortunately‚ the lack of transparency
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has $40‚000 of his own funds invested in equipment (pottery wheels‚ kilns‚ and so forth) that could earn him $4000 per year if alternatively invested. He has been offered $15‚000 per year to work as a potter for a competitor. He estimates his entrepreneurial talents are worth $3000 per year. Total annual revenue from pottery sales is $72‚000. Calculate the accounting profit and the economic profit for Gomez’s pottery firm. Solution: Annul Helper Salary Cost = $12‚000
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Substantive Issue Ocean Carriers is a shipping company evaluating a proposed lease of a ship for a three-year period to a customer‚ beginning in 2003. The proposed leasing contract offers very attractive terms‚ but no ship in Ocean Carrier’s current fleet meets the customer’s requirements. The firm must decide if future expected cash flows warrant the considerable investment in a new ship. Objective of Case Assignment To provide your team an opportunity to make a capital budgeting decision
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Ocean Carriers HW#7 PRINCIPLES OF MORDERN FINANCE (FALL 2012) JINGYE HAN “Ocean Carriers” case 1) Do you expect daily spot hire rates to increase or decrease next year? I expect daily spot hire rates to decrease next year. Based on Exhibit 3‚ order book in 2002 for dry bulk capsizes decreased‚ indicating a decrease in demand. Meanwhile‚ Based on Exhibit 2‚ the majority of capsize fleets in December 2000 are in the age within 15 years‚ among them‚ the largest portion is of those under
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