using the same previous calculations from Q2 for the Tankstor 30-day option and accounting for the extra 30-days of storage including the up-front fee in and the fee upon exercise of the option. After calculating the total fees and up-front costs the minimum profit acceptable of $300,000.00 calculated previously was summed with both to find the total value of the deal.
Task 1 Question 1: Storage Capacity For Q1 the first step was to convert the cargo quantity (80,000 MT) from MT which measure the weight of the parcel and change it to cubic meters (m3) to instead measure the volume. This was done by first converting to kg using the conversion rate (1 MT = […]