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Ocean Carriers
Essay specific features
Written by:
Jerry J
Date added:
January 22, 2016
Level:
University
Grade:
B
No of pages / words:
3 / 578
Was viewed:
6900 times
Rating of current essay:
Essay content:
However, Ocean Carriers does not currently have a ship to meet the requirements of the customer. So as the VP of Finance, Mary Linn must decide whether to purchase a new capsize carrier to meet the requirements of the customer, and whether this decision will be profitable in the future.
Analysis
In order to make a recommendation to Mary Linn as to whether Ocean Carriers, Inc...
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should purchase a new ship we must first look at the net present value of the ship. In order to do this our team used the provided expected daily hire rates to calculate revenue which we expect to be for the lifetime of this vessel. The expected daily hire rate is the most accurate measure to determine future cash flows for the company...
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