Calculate the net daily surplus for voyage

Assignment Help Business Economics
Reference no: EM133227570

Question

The M/T Embargo has been chartered to carry 280,000 tons of Arabian light crude oil at WS61 from Kharg Island to Yokohama. She has spent 71.04 days on the voyage and incurred gross voyage expenses of $742001. Assuming broker's commission of 1.25%, running costs of $9544/day and a WS flat rate of $14/ton, calculate the net daily surplus for this voyage.

Reference no: EM133227570

Questions Cloud

What is the function of cagamas berhad : Why do companies choose to issue bonds instead of shares? What is the function of Cagamas Berhad in the Malaysian bond market?
What is conversion point for security : What is the conversion point for this security? That is, for what firm values in eight years will the VC convert this claim into equity?
Calculate the firm market value and stock price : Before the debt issue and stock repurchase, calculate the firm's market value, stock price, and earnings per share.
Use of convertible debt could mitigate : Describe how the use of covenants and the use of convertible debt could mitigate this problem.
Calculate the net daily surplus for voyage : Assuming broker's commission of 1.25%, running costs of $9544/day and a WS flat rate of $14/ton, calculate the net daily surplus for this voyage.
Appropriate pricing model for european options : Compare and contrast American options on forwards and futures with European options, and identify the appropriate pricing model for European options.
What is conversion point for security : What is the conversion point for this security? That is, for what firm values in eight years will the VC convert this claim into equity?
What is cost of using the machine on the project : A company owns a machine that is currently lying unused in the factory. Ignoring the time value of money, what is the cost of using the machine on the project?
Calculate net capital expenditure and working capital : Calculate the net capital expenditure and working capital requirements this would generate if the company's Sales/Net PPE and Working Capita

Reviews

Write a Review

Business Economics Questions & Answers

  Job on the street and were coerced into the work

If I said all sex workers performed their job on the street and were coerced into the work at a very young age, what would be incorrect about that statement

  What is the reasoning behind argument

Economic growth is said to be a necessary but not sufficient condition to eradicate absolute poverty and reduce inequality. What is the reasoning behind this ar

  Will a monopolist total revenue be larger with second-degree

Will a monopolist's total revenue be larger with second-degree price discrimination when the batches on which it charges a uniform price are larger or smaller? Why?

  Entrepreneur accounting profit or economic profit

Question: What is more useful to an entrepreneur accounting profit or economic profit?

  Specializes in introducing new products

You just started working at a marketing firm that specializes in introducing new products. The firm has been retained by two start ups. Breath blaster minds

  Compute the incremental profit electron control would earn

Compute the incremental profit Electron Control would earn by customizing its instruments and marketing directly to end users.

  Tremendous economic growth and intense social change

The Second Industrial Revolution (ca. 1865 – 1920) brought with it tremendous economic growth and intense social change. Explain what those new conditions were like and how they emerged in this period of intense industrialization, citing examples fro..

  What is the profits of each firm as functions of q1 and q2

Suppose a second firm enters the market. let Q1 be the output of the first firm and Q2 be the output of the second. What is the profits of each firm as functions of Q1 and Q2.

  Define the types of training

Define the types of training in the table below, outlining expected adaptations and safe technique considerations?

  Proportion of customers that leave with a purchase

Construct a 90% confidence interval for the proportion of customers that leave with a purchase.

  Assume no monetary wages

Many parts of the world, including the United States, have in the past used systems of unfree labor (slavery is a prominent example), whereby individuals are compelled to work for minimal/no wages (for this problem, assume no monetary wages).

  Analyze the current macro economic situation

Analyze the current macro economic situation and discuss changes in economic, financial and international conditions in the near future.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd