Answer:
high watermark
Explanation:
A high watermark refers to the mark at which the investment could be reached at a high peak. It to be calculated on that date when the performance fees are charged and it could be charged only on that case when there is a rise in the value of the portfolio
Moreover, in the high watermarks there is no need to pay the performance based fee when there is a poor performance
Therefore the given situation represent the high watermark
Answer:
Option A is correct one.
<u>Managing & Franchising s asset turnover ratio at 17.6% suggests inefficiency when compared to Hotel Ownership</u>
Explanation:
The ratio of the operating return on sales for hotel ownership is:
474/1886 = 0.25
The asset turn-over for hotel ownership is :
1886/492.5 = 0.38 = 38%
Now, for managing and franchising :
The ratios are:
Operating return to sales = 113/ 120 = 0.94
Asset Turnover = 120/680 = 0.1765 = 17.65%.
Answer:
summarizing
Explanation: just did it.
A large scale organization of professional criminals that controls dome vice or business through violence or the throat of violence is crime syndicate. An example of crime syndicate is the superhero movies that gather a large group of super heros that control everyone else by their potential threat of violence.
Answer:
The price would definitely increase
Explanation:
Inferior good are good that of low quality which are consumed by low income earners and with an increase in the income of the consumer of an inferior good, the demand for the good reduces.
Note: the demand for inferior good reduces because of increase in consumers income, so this has nothing to do with the price.
On an economic sense, increase in cost of production, will definitely lead to an increase in the price of the goods produced.
