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
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! ! 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
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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
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The beach is a place by the sea. There is soft sand‚ and gentle blue waves. The ocean licks the shore‚ keeping it continuously wet‚ like a young child having their first ice cream. The water is blue‚ like the cloudless sky. There are rock pools‚ and beautiful shells. On the shore there is washed up stretchy seaweed‚ and dried crunching coral. In the sky‚ the sun shines and seagulls fly. Further along‚ waves lap against rocks. Hitting the rocks‚ the waves are cymbals in the orchestra of the ocean
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land meets the sea and sea meets land. This amazingly gorgeous‚ serene piece of earth‚ commonly known as the beach‚ is my happy place. I stumbled upon this fortunate stroke of serendipity in my early childhood and it appalls me that at some point in history this astonishing creation didn’t exist. Since I’m rambling and your reading I guess I can tell you about my first visit to the beach. Although I was a child I can vividly remember this vacation‚ being that it was my first trip to my happy place
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A new sunny day has just begun. The beach is silent‚ but only for a while. Very soon crowds of people will flood on to the beach. The bright‚ burning ball blinds and rises like a sunflower on the distant horizons. The subtle sea sparkles preciously as it strolls up against the shore spilling the previous day’s remains. Crashing against the shore‚ small waves flash the night’s debris onto the beach. Untouched golden sand‚ so soft and smooth‚ glistens; reflecting the sun’s rays. A soothing‚ light
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AT THE BEACH(another) A draught blew by me taking my spirit with it. The strands of hair crossed my face; the sun peaked its way above the horizon as if it was scared to shed some light. The smell of the salty sea tingled my nose as I breathed in a breath of fresh air. The sand was a mine field of corals‚ with a collection of many different multicolored sea shells; however at the same time‚ the sand was a bed of blankets. The way the sand flowed onto my feet and out to the spaces between my toes
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potentially suffocating warmth. The beach was tiny compared to the resorts further along the coastline‚ sheltered by the surrounding forests of palm trees. It was an almost perfect semi-circle of fine‚ dark volcanic sand‚ with not a trace of the inland civilization in sight – an unspoilt‚ secluded paradise on an island gradually being colonised by armies of skyscrapers‚ strip clubs and tourist traps. There was a humble building near the eastern end of the beach‚ a traditional affair on stilts with
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OCEAN CARRIERS ANALYSIS DATE: 8/29/2007 TO: MS MARY LINN CC: PROF. TOM MILLER FROM: RYAN DALE SEELKE RE: DECISION ON CAPE SIZE CARRIER PRIORITY: [URGENT] Ms Mary Linn‚ After careful cash flow analysis and a discount rate (WACC) of 9%‚ commissioning a capsize carrier for 25 years is the only appropriate option for our firm. However‚ if the discount were instead 10%‚ both options would fail the NPV test by yielding negative results. I make this recommendation after thorough analysis of
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Overview Our economy emerged from the recession back in 2009; however‚ the economy didn’t grow much since then. According to the Bureau of Economic Analysis‚ gross domestic product (GDP) for the first quarter of 2011 grew only 0.4 percent while the second quarter grew at 1.3 percent. The increase in the second quarter can be attributed to a decrease in imports of petroleum‚ auto‚ and engines due to the earthquake in Japan‚ an increase in federal spending for national defense‚ and increase in business
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