Guide for Case Analyses “Ocean Carriers” Objectives of case: The key objective is to develop an understanding of how discounted cash flow analysis can be used to make investment and corporate policy decisions. 1. Determine the value and net present value of a real assets; 2. Distinguishing between book value and market value; 3. Identifying and forecasting incremental expected cash flows‚ including initial and ongoing capital expenditures‚ investment in net working capital‚
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Ocean Carriers Case Ocean Carriers uses a 9% discount rate. 1. Do you expect daily spot rate to increase or decrease next year? Daily spot rates are expected to decrease next year because 63 new vessels are scheduled for delivery over the next year and imports of ore and coal would most likely remain stagnant over the next two years. Imports of iron ore and coal and the number of vessels available are two big factors of spot rates. 2. What factors drive average daily hire rates?
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Maids to Order in Hong Kong: Stories of Migrant Workers by Nicole Constable Nicole Constable‚ in Maid to Order in Hong Kong: Stories of Migrant Workers describes the physical and psychological lives of those domestic workers in the homes of Chinese in Hong Kong‚ their attitude towards their own lives and work‚ and the attitudes of the workers and the Chinese toward one another. Constable’s primary purpose‚ from a scholarly perspective‚ is to document the particulars of the lives of these
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Environmental Forces in Hong Kong Affecting Dove’s Marketing Strategies In 2001‚ Dove introduced its hair care products to Hong Kong’s market1. According to The Marketing Information Company‚ ACNielsen’s retailing survey report‚ Dove was ranked number one in the sale volume of personal care product including shampoo‚ body wash‚ soap and face care products from 2001 to 2003 in Hong Kong.2 This survey report proves that Dove has adopted successful marketing strategies in the Hong Kong personal care market
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Background Ocean Carriers Inc. is a shipping company specializing in the operation of capsizes bulk dry carriers. In January 2001‚ Mary Linn‚ the vice President of Finance for Ocean Carriers was evaluating the purchase of a new capsize carrier for a three years lease proposed by a motivated customer. The leasing contract offers very attractive terms‚ but no ship in Ocean Carrier’s current fleet met the customer’s requirements. In addition‚ this proposed contract is only for three years. Therefore
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John Woo: from Hong Kong to Hollywood‚ The Killer and Face/Off John Woo and his "heroic bloodshed" have revolutionized and rejuvenated the action genre‚ combining melodrama with action to create the male melodrama‚ in which he explores the codes of masculinity while redefining them. Robert Hanke says that "explosive pyrotechnics seem to be privileged over plot‚ narrative or character" (Hanke 41) and yet notes that Jillian Sandell maintains the opinion that Woo does not "celebrate this violence
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In 1983‚ Hong Kong implemented Fixed-linkage System to US currency because of the reason that Hong Kong currency was very unstable. This Fixed-linkage System is a fixed exchange rate system that fixes the exchange rate of Hong Kong Dollar and United State Dollar to a ratio of 7.8: 1 Hong Kong Monetary Authority does not need to stable exchange market by controlling the supply and demand of HKD. It can be stabilized by Fixed-linkage System. In the past 15 years‚ Hong Kong interest rates and exchange
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organization The Walt Disney Company started off as a cartoon studio in 1923 and was established by Mr Walt Disney. In 1928‚ it released Steamboat Willie‚ featuring the appearance of Mickey Mouse‚ which received nine nominations for the Academy Award for Best Animated Short Film. In 1949‚ Walt Disney Music Company was formed‚ releasing various music records from its cartoons. Six years later‚ Disneyland‚ the first Disney Park‚ was opened in California. In 1983‚ the Disney channel began to broadcast
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In 1992 Euro-Disney was opened in Paris. After two years the theme park was a total disaster and made huge losses. In this report I’m going to analyse how this could have happened and how it changed Disney’s way of operating. To do so‚ I will look at the cultural problems Disney had with external audiences and internal audiences. I will also describe the organization culture Disney when entering France. To end this report‚ I will discuss the changes Disney has made after the Euro-Disney failure and
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Walt Disney Company Report Note that all information and graphs below are obtained from the websites sited on the reference sheet at the end of the paper. “Creativity continues to be the essence of Disney‚ even as our businesses expand across borders and media platforms‚ it is the foundation for almost everything we do‚ the source of our strength and our success‚ and the fuel that will power us into the future” - Robert Iger‚ President and CEO - When we
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