Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Over the past several years, decommissioned U.S. warships have been turnod into artifilis leets in the cocan by fowing them out to sea and sinking

image text in transcribed
image text in transcribed
image text in transcribed
Over the past several years, decommissioned U.S. warships have been turnod into artifilis leets in the cocan by fowing them out to sea and sinking them. The thinking was that sinking the shij Cacontaminate. Now the U.S government is taking bids to inslead dismantle and rocycle ships that have rocenty been decommissioned (but have not been surk yet) Assume that a recenty deconumissioned aircraft carries, the USS Searay, is estimated to contain approkimately 40 tons of recychablo materlals able to be sold for apcraximatifly $42.5 million. Th bid for dismanting and transporting the ship materials to appropriate facilies is $43.6million. Recycling and diamanting the ship would create about 500 jobs for about a year in the Rust Belt. T goographic aroa has beon eeperiencing record thigh unemployment rates in recent years. Fend the cravirements From a sustainability stbndpoint, the decommissioned aircrat carnier shosld be Oret the past several years, decommissioned U.S. warships have beon furned into artfelal reets in the ocean by fowing them out to sea and sinking them. The thirking was that sinking the ship decontaminath. Now the U.S. government is taking bids to instead dismantle and recycle ships that have tocently been decommissioned (but have not been sunk yot) bid for dismantling and transporting the stip matesials to appropriate facilities is $43.6 milion. Phocyoling and diamating the ship would create about 500 jobs for about a year in the Rust Bett. This peographic ares has been expersocing record high unemplsyment rates in recent years. Read the recouirements in List some of the quaitaviv factors that should entor into this andivsis. Over the past several years, decommissioned U.S. warships have been turned into artificial reefs in the ocean by towing them out to sea and sinking them. The thinking was that sinking the ship would convenientisy dispose of it while providing an artificial reef environment for aquatic life. In realty, some of the sunken ships have released toxins into the ocean and have been costly to decontaminate, Now the U.S. government is taking bids to instead dismantle and recycle ships that have recently been decommissioned (but have not been sunk yet). Assube that a recently decommissioned aircrat carrier, the USS Searay, is estimated to contain approwimately 40 tons of tecyctable moterials able fo be sold for approximately 542.5 milion. The bid for dismantling and transporting the ship materials to appropriate facilities is $43.6 milion. Recycling and dismantling the ship would create about 500 jobs for about a year in the Rust Bolt. Thi geographic area has been experiencing record-high unemployment rates in recent years. Read the cesuirements. Requirement 1, is it more financially advantageous to sink the ship (assume that it costs approximately s0.2 million to tow a ship out to sea and sink it) or to dismantle and recycle it? Show your caloulations. (Enter dolser amounts in milions. Enter the net difference with a minus sign or perentheses is the cost to diamantle and regcle is less than the cost to sink.) Requirement 2. From a sustainability standpoint, what should be done with the decommissioned aircratt carrier? List some of the qualitative factors that should enter into this anaysis. From a sustainability standpoint, the decommissioned aircraft carrier should be The folowing qualisative factors should be consideced into this analysis

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions