1. Marriott
In this reflective case, the company's policies and strategies related with hurdle rates and cost of capital are discussed. ... It is my assumption that assets turnover ratio diminished due to new hotels, restaurants and other fixed assets acquisitions made by the company as part of its growing strategy. ... Consequently, the cost of capital would reach undesirably high levels, and in the long-term that would cause severe financial problems due to the company's lack of interest covering ability, and eventually, the company's bankruptcy. 4. ... But that doesn't mean that...
- Word Count: 1180
- Approx Pages: 5
- Grade Level: Undergraduate