(a) Statement of Problem. Ocean Carriers is evaluating a proposed three year lease of a ship. Currently‚ no ships in Ocean Carrier’s fleet meet the requirements of the customer. Since the new ship requires an investment of $39 million‚ Mary Linn‚ the Vice President of Finance for Ocean Carriers‚ needs to evaluate the proposal’s NPV and determine whether or not to accept the proposal by considering expected cash flows‚ tax implications‚ and future market conditions. (b) Statement
Premium Supply and demand
Introduction Continental Carriers Inc is a trucking company which specialises in transporting general commodities. Since its establishment in 1952 the company operates within the district of the Pacific Coast and from Chicago to various points in Texas. It was noted that the company maintains an overall low debt policy‚ whereby they obtain infrequent short term loans and avoid long term debt. Furthermore with the appointment of Mr. Evans as president‚ the company became more profitable and experienced
Premium Stock Financial ratio Stock market
The Beach The beach is one of my favorite places to go. It is where I would like to live one day. In my opinion‚ it is the best place to go on family vacations too. Everyone always has that one place that they always like to escape to‚ and mine is the beach. The beach is the ultimate cure for all of my problems. While I am there‚ all of my obligations are suddenly gone. There are three things that I love about the beach: the warm weather‚ shopping‚ and the places to eat. The first thing that I
Free English-language films Debut albums 2002 albums
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
Continental Carriers‚ Inc. Advanced Financial Management Continental Carriers‚ Inc. (CCI) should take on the long-term debt to finance the acquisition of Midland Freight‚ Inc. for a few reasons. The company is heavy on assets‚ the debt ratio will only grow to 0.40 with the added $50M in debt. Also‚ the firm will benefit from an added $2M in a tax shield and be able to return $12.7M a year to its stockholders and investors‚ instead of $8.9M if equity is raised to finance the acquisition
Premium Stock Stock market
The Beach The smell of salt in the air‚ the wind blistering my face‚ the sun glinting in my eyes; these are some of my favorite things about the beach. I have always loved the beach and I have always love the sights and smells of it. The first thing I always notice when I first step out of the car‚ even when it’s only at the beach house and not the actual beach‚ the smell of seaweed and salt immediately attacks my nostrils. No smell is as potently sweet as the sour smell of the ocean
Premium Sun tanning Ultraviolet Olfaction
Cristina Provenzano Professor Polgar February 21‚ 2011 Descriptive Essay The Beach As the sun peeked over the horizon announcing the beginning of another beautiful hot summer day‚ Lisa drove to the beach with a sense of excitement. She packed her bag for a day at the beach and a time when she had a little peace of mind. Enjoying the morning breeze caressing her face‚ Lisa sped down the highway to the voice of Taylor Swift booming throughout her speakers of her cherry red X6 BMW. She
Premium Sun Horizon
different for everyone. I enjoy the sight of waves crashing and thick white foam. Sometimes the waves seem to be roaring and at other times barely rolling. Thats one reason why I like the beach‚ its always a mystery. A complete getaway from the concrete jungle we live in and a place to just relax with nature‚ thats the beach. Theres always the grainy sand that seems to make its way into everything and then the humid salty air that seems to paint a layer onto your body when you get out‚ but those are such
Premium Ocean Water
! ! The Beach ! The beach can be a very relaxing place to be. There are so many things about the beach that make it a calming place. The most obvious things are the sights and sounds‚ from the ocean to the beautiful landscape. The less noticeable are what you feel‚ smell‚ and believe it or not‚ taste. There is not much to dislike about the beach‚ except maybe a bad case of sunburn. Going to the beach can be a calming getaway from the everyday stresses and pressures of life. The many sounds of the
Premium Olfaction English-language films Sense
Pasacao Beach in Camarines Sur A. Natural Features Camarines Sur has become of the top tourist destinations in the Philippines in the past several years. But I guess it’s not unexpected because this province offers excellent tourist attractions like the Pasacao Beach. It is a very popular beach to the landlocked residents of Naga City located in the town of Pasacao This wide stretch of sandy beach has lured visitors with its resorts‚ fresh ocean breeze and sapphire
Premium