In the final year‚ these expenses make up 80% of her revenue before taxes. Additionally‚ the $5 million received from scrapping the ship 15 years in the future is only worth $3 million today. Net loss is still about $10 million. 4. If Ocean Carriers sells the capsize in the
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Group 21 0. Introduction The following case study is based on the attached excel sheet‚ which has been set up in a dynamic approach. This means that the four underlying scenarios (25 years with and without tax and 15 years with and without tax) are linked to separate sheets‚ which enables the user of the model to calculate the net present value (NPV) for the different scenarios with ease. This is why we refrain from explaining every single step of the underlying calculation. In order to get
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Ocean Carriers Case Report Executive Summary Ocean Carriers is evaluating a proposed lease for a ship over three years starting in 2003. Currently‚ Ocean Carriers does not have any ships that are available to meet this customer demand. This report will assist VP of Finance Mary Lynn to make a decision on whether or not to commission a new carrier and how long to hold on to this asset. Based off a financial analysis using the data Ocean Carriers has provided‚ the final recommendation is that
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Introduction Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001‚ the vice president of finance for Ocean Carriers was evaluating a contract proposal. In the proposed contract‚ Ocean Carriers would lease one ship to a client for a three year time frame. The customer would begin utilizing the ship in 2003. In 2001‚ Ocean Carriers did not have a ship that would meet the needs of this customer‚ and thus was considering purchasing a
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The Safety Measures Needed When Using a Baby Carrier Summary: This article provides information about safety measures one should remember when using a baby carrier. Baby carrying can feel daunting when you hear stories about safety issues associated with the carriers. The important thing to remember is that the issue isn’t always the carrier‚ and is usually associated with how the carrier is being used. Improper use of the baby carrier will cause safety and health issues. The Safety List The list
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http://www.studymode.com/essays/Ocean-Carriers-133412.html Average daily hire rates are determined by market supply and demand. Factors such as the number of operating vessels‚ number of scrapped vessels per year‚ the age of the ships‚ the efficiency of ships‚ and market expectations of supply and demand; consequently‚ these factors drive average daily hire rates. Market conditions also drive rates since demand is dependent on the world economy. When the economy is strong‚ the demand increases‚
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only 3 years. Based on the calculations of the costs of construction against the value of the contract‚ it is recommended that Ocean Carriers not go ahead with the construction. However‚ if a strategic alliance can be created with another carrier to lease their vessels‚ Ocean Carriers should accept the contract. If the strategic alliance is mutual‚ Ocean Carriers should build the vessel to add on to its own fleet. Key Financial Issues Mary Linn has to deal with the following key financial issues
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CargoSpot Carrier Manual Pakistan International PIA Cargo 1 CargoSpot Carrier - Manual Table of Contents Page Introduction Cargo Spot Scope of this Manual How to Start CargoSpot? Initial Layout and Tools of the System Forwarders AWB Stock Allotment Booking Availability Flight Export Sell Prices Sell Adhocs Reports 3 4 5 6 8 10 13 17 19 21 24 30 32 34 PIA Cargo 2 CargoSpot Carrier - Manual Introduction This manual is developed for training‚ practice and ready reference for the PIA Cargo
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Ocean Carriers Project Analysis Introduction Ocean Carriers receives a lease for a ship over three years starting in 2003. However‚ the company currently does not hold qualified ships that can meet customers’ demand. Our report is not only to assist Ms. Linn to decide whether or not to purchase a new ship but also give a reasonable suggestion on how long to hold on the ship regarding the NPV and long term prospective of dry bulk industry. Upon business operating in U.S or H.K‚ we consider four scenarios
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The father tells his son that “[dowsing is] something [his] own father taught [him]” (Carrier 95). The son is comparing himself to his father because the son did not succeed in learning to dowse from his father but the father succeeded in learning from his own. Another piece of evidence is his father’s further statement. He said that “dowsing [is not] something you learn in school [and it is not] useless" (Carrier 95). The author quotes his father’s statement because he totally agrees with his father
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