Financial Management Read ‘Ocean Carriers’ and answer the following questions: Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? - The expected daily hire rates drives the daily spot rates higher. So we are expecting the higher daily spot rates under higher expected daily hire rates. 2. What factors drive average daily hire rates? - Demand in iron ore shipments‚ - World economy‚ strong economy in western countries will raise
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spreading mid-ocean ridge that produces broader and less rugged segments? -faster When you have Oceanic-Contintental convergance‚ which one becomes subducted? -oceanic The San Andreas Fault is what kind of boundary? -transform The areas where mantle plumes come to the surface are called what? -hotspots Much fluid basaltic lava erupts on the seafloor at mid-ocean ridges. Such eruptions pose little risk to humans because almost all of these occur at the bottom of the ocean. The island
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Ocean Waves A wave is a periodic disturbance in space and time‚ possibly transferring energy to or through a space-time region. Have you ever ridden a wave in the ocean? Ocean waves travel on the surface of the water. You can see them and you can feel them. As you swim through the water‚ you can even make your own waves. The winds cause waves on the surface of the ocean (and on lakes). The wind transfers some of its energy to the water‚ through friction between the air molecules and the water molecules
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“The acidification of the ocean today is bigger and faster than anything geologists can find in the fossil record over the past 65 million years” (Carl Zimmer). This is just an illustration regarding the tales of environmental degradation from carbon dioxide pollution in the ocean. The phenomenon of ocean acidification is imperative to understand; the reduction of essential pH levels over a protracted period of time is extremely harmful. In other words‚ ocean acidification can be measured by pH units
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The ocean is one of Earth’s most valuable natural resources. It provides food in the form of fish and shellfish—about 200 billion pounds are caught each year. It’s used for transportation—both travel and shipping. It provides a treasured source of recreation for humans. It is mined for minerals (salt‚ sand‚ gravel‚ and some manganese‚ copper‚ nickel‚ iron‚ and cobalt can be found in the deep sea) and drilled for crude oil. The ocean plays a critical role in removing carbon from the atmosphere and
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1. The client acceptance process can be quite complex. Discuss five procedures an auditor should perform in determining whether to accept a client. Which of these five are required by auditing standards and identify the applicable standards? 1. Obtain an understanding of the client ’s business and operations. Consideration should be given to reading available financial information regarding the prospective client such as annual reports‚ registration statements‚ Forms 10-K‚ other reports to regulatory
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surface. It includes all five oceans the Arctic‚ Indian‚ Southern‚ Atlantic‚ and Pacific. In it There are many many types of fish and also some mammals. The oceans span wide and deep. There are also plants in the ocean. The ocean is a vast and mysterious place where we are still discovering many things about it everyday. The physical attributes of the ocean depend on which ocean you explore‚for example the Arctic ocean is very cold but the Pacific ocean is warm. In the ocean there is a deep portion and
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Assignment 1: Ocean Carriers Refer to the HBS case “Ocean Carriers” and answer the questions below. Each student must turn in a hardcopy of her/his solution and answers in class at the start of the week-4 lecture. She/he must also up-load a softcopy of her/his solution spreadsheet on LMES by then‚ too. Note: You should complete the related textbook chapters (RWJJ Chapters 7 & 8) before attempting this case. In particular‚ you need to study the Baldwin Case first (Chapter 8.2 + material on LMES)
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------------------------------------------------- Frank Ocean Christopher Francis Ocean (born Christopher Breaux; October 28‚ 1987)‚ better known by his stage name Frank Ocean‚ is an American singer-songwriter from New Orleans‚ Louisiana. Ocean’s early career was as a ghostwriter for artists such as Brandy‚ Justin Bieber‚ and John Legend. In 2010‚ he became a member of alternative hip hop collective OFWGKTA‚ and his debut mixtape‚ Nostalgia‚ Ultra‚ was released the following year to critical acclaim
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CHAPTER 31 OCEAN CURRENTS TYPES AND CAUSES OF CURRENTS 3100. Definitions The movement of ocean water is one of the two principal sources of discrepancy between dead reckoned and actual positions of vessels. Water in motion is called a current; the direction toward which it moves is called set‚ and its speed is called drift. Modern shipping speeds have lessened the impact of currents on a typical voyage‚ and since electronic navigation allows continuous adjustment of course‚ there is less need to
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