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Over the past several years, decommissioned U S warships have been thinking was that sinking the ship would conveniently dispose of it while providing an

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Over the past several years, decommissioned U S warships have been thinking was that sinking the ship would conveniently dispose of it while providing an artficial reef environment for aquatic released toxins into the ocean and have been costly to decontaminate. Now the U.S. govemment is taking bids to recently been decommissioned (but have not been sunk yet ) Question Help umed into artficial reefs in the ocean by towing them out to sea and sinking them. The instead dismantle and recycle ships that have the USS Blaze, is estimated to contain approximately 40 tons of recyclable materials able to be sold for Assume that a recently decommissioned aircraft camer, approximately $34 5 million. The low bid for dismanting and transporting the ship materials to appropniate facilities is $36 3 million. Recycling and dismanting the ship would create about 500 jobs for about a year in the Rust Belt. This geographic area has been experiencing record-high unemployment rates in recent years Read the reavirements Requirement 1. Is it more financialy advantageous to sink the ship (assume that it costs approximately $1. 1 milion to tow a ship out to sea and sink it) and recycle it? Show your calcullations. (Enter dollar amounts in millions. Enter the net difference with a minus sign or parentheses is the cost to dismantie and recycle is less than the cost to sink) or to dismante U.S. Government Financial Decision Cost to dismantle and recycle Bid price Less scrap value Cost to sink Net difference in favor of (against) sinking Enter any number in the edit fields and then click Check

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