Ship Float Justification

4. Predict: What do you think is the density of the whole block of Styrofoam? 0.2 g/cm3

Density is the amount of matter per unit of measurement (Merriam-Webster. Merriam-Webster, n.d. Web. 26 Aug. 2016.). If water has a density of 1.0 g/mL and you place a substance with a density of 1.8 g/mL the substance will sink because it is denser than water. Density is often measured in g/cm^3 or g/mL because the formula for density is D=m/v.

Purpose: Weighing objects. Figuring out the density with an object by calculated volume and Archimedes’ Principle.

If I fill up two different containers with different amounts of water, then I will be able to understand the density of the two different mass/volumes of two different containers.

___The helium in the tank must be more dense than the helium in the balloons. ______________________________________________________________________

2. Suppose a customer buys an iPhone from Apple for $500 on January 1, 2010. The cost of the iPhone to Apple is $350. Assume that the customer is entitled to upgrades over the next two years. Use the following financial statement effects template (FSET) to illustrate the financial statement impacts for Apple of the customer's iPhone purchase on the date of the initial purchase and at the end of each of the two years following the initial purchase under generally accepted accounting principles (GAAP).

Since this solid block is more dense than water (1.536 g/cm3 > 1 g/cm3) it will sink.

(Lab: A Penny For Your Thoughts). The density of a matter is equal to the mass divided into the volume. The mass of a matter or object can be found by using a scale. Furthermore, the volume can be found using the method of water displacement. The purpose of finding

In the fourth stage of this experiment, the density of a gas was determined. A 250ml flask was weighed with an empty rubber balloon and the mass was recorded.

Thesis: (Today I will be discussing the building of the Titanic, the sinking of the ship and the movie that was made about it.)

We think that daily spot hire rate will likely decrease next year. There are two reasons. First, there are 63 new vessels scheduled for delivery in 2001 to increase the supply of vessel and only few old vessels need to be retired, while the demand will not increase because imports of iron ore and coal would remain stagnant over next two years. Second, exhibit 5 shows that avg. spot rate of 2000 was higher than the rate of previous years and avg. 3-yr charter rate. In addition, the market will seemingly go up after two years. Therefore, ship owners should hope to sign short-term contract through using lower daily spot hire rate rather than locking low daily high rate for a long period.

1) Do you expect daily spot hire rates to increase or decrease next year? (5 points)

After that, it is crucial to convert the mass to volume. The water density at a temperature will aid this process. The compliance of the Volume Occupied by 1.000g of Water Weigh in Air table is deemed necessary throughout the comparison.

We expect the daily hire rates to increase from 2001 to 2002, but then to decrease overall in the long term based on the assessment of the consulting firm. The consulting firm based their forecast on higher demand in iron ore shipments. They claim demand in iron ore shipments has historically shown a strong correlation with charter rates, and we believe this makes sense. Vessel size, distance of route, and demand for ore/coal are drivers of daily rates.

Ocean Carriers Inc. was approached in January of 2001 with a contract proposal for the leasing of one of their ships for a term of 3 years beginning in 2003. Ocean Carriers currently has no ship to accommodate the customer. To commission the construction of a new vessel would take 2 years from start to completion. The average rate in the spot market is $22,000 per day. Ocean Carriers deployed a younger fleet than average carriers and generally earned a 15% premium over the average daily rate placing them in position to capitalize in strong economies. However, the industry is volatile and suseptable to extremes both low and high. Many ship owners sought to sign contracts with time charters in order to shield themselves from the swings