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For Marriott, the expense of cash is the full in the management cost and running rate. The a few most important operating expenses are the price of construction, expense and depreciation.

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Use of returns is often either arithmetic normal or geometric typical but geometric common is a lot more appropriate then arithmetic ordinary as arithmetic ordinary is reflecting straightforward return above a time period on Preliminary financial investment, regardless of the funds obtain from period to period of time. Having said that, geometric normal demonstrates compound return, that makes harmony of investment value of preceding calendar year a theory base for calculation of future year’s return i.

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