maintenance. 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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expectations for the world economy‚trends in world trade and potential contracts; however‚ an estimated time of service should be assigned in order to predict future cash flows. Summary of facts In January 2001‚ Mary Linn‚ vice president of Finance for Ocean Carriers‚ had to decide whether to accept an offered leasing contract for the duration of three years. In the event of acceptance of the above-mentioned contract‚ the profits of the company would depend on the agreed hire rates‚ operating costs‚ ship
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that this report is about is Poseidon. Poseidon means god of the sea and ocean. Poseidon is the god of the sea. He is the son of Cronus and Rhea‚ and was swallowed by Cronus immediately after birth because he had feared that one of his children would overthrow him as he did his father. His siblings are Hades‚ Demeter‚ Zeus‚ Hestia‚ Hera‚ and Chiron. Poseidon is known to be one of the moodier gods and easily angered. An example of his anger is when he tried to drown the entire world because Zeus the
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The Effects of Ocean Acidification on Marine Life As humans‚ we often see ourselves as the top of the food chain throughout the atmosphere‚ being the creatures with the most influence on shaping our environments and the living conditions of ourselves and other life. With that power‚ also comes the responsibility to be aware of how our actions and how they affect the natural balance in the biosphere. Since the rise of the industrial revolution‚ however‚ we have a great flux in carbon dioxide fluxes
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September 2009 ....................................... 4 Solomon Islands tsunami 2 April 2007 ................................. 10 Indian Ocean tsunami‚ December 26‚ 2004.......................... 13 Papua New Guinea tsunami 17 July 1998 ............................. 20 Chile tsunami 27 February 2010 On the 27 February 2010 an earthquake occurred in the Pacific Ocean 115 kilometres north‚ north east of Concepcion. The quake measured 8.8 on the Richter scale and triggered a devastating tsunami. The
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From 500 BCE to 1400 CE‚ the Indian Ocean regions (Middle East‚ Russia‚ and Asia) dealt with many economic‚ cultural‚ and political changes ‚ from the Mongol rule. The Mongolians had an enormous effect on these regions and were always violent and aggressive in the way they attacked and conquered them. Politically‚ in the 13th Century‚ in china‚ all the Chinese dynasties were under the mongol rule‚ in the middle east‚ Hulegu defeated the Abbasid but allowed local rulers to rule‚ and also the Mongol
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Industry Analysis of pharmaceutical industry. Prepared for- Shahnoor lecturer Daffodil International University Prepared by- Name ID Ruhul Amin 113-11- MD. Tuammel Hossain 113-11-2190 Amina Afrin 113-11-2244 Arshad Pharmaceutical Industry of Bangladesh Abstract Pharmaceutical is the core of Bangladesh’s
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eight hundred millenniums. (528) In the article “The Acid Sea‚” Elizabeth Kolbert wrote about how the polluted sea around Castello Aragonese provides us with a glimpse of our future oceans and how it interferes with the chemistry of the ocean. In the article “Our Oceans are Turning into Plastic … are You?‚” Susan Casey discusses the negative effects plastic has on the environment. “The Acid Sea” and “Our Oceans are Turning into Plastic … are You?” did an excellent job with providing strong arguments
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Ocean pollution is affecting the ocean and marine life in a negative way. Ocean pollution comes in forms from oil spills to a dust. In passage two it says‚”Ocean pollution occurs when potentially harmful or harmful sources of pollution reach the water.” Which provides a reason ocean pollution is harmful from potentially to harmful sources. Ocean pollution kills marine and sea animals and also seabirds. Ocean pollution is having a negative on sea life because it kills more than one million seabirds
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Automotive Industry Analysis The development of the automobile came from many different people from different countries. The development stated in 1769 in France‚ with the invention of a three-wheeler that was powered by steam (Gale‚ 2003). Then in 1800’s the first internal combustion engine was created in Belgian and the first gasoline powered vehicle was constructed in 1885 in Germany (Gale‚ 2003). Henry Ford built the first car in 1896 (Gale‚ 2003). He then revolutionized the industry with the
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