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Vlada [557]
3 years ago
7

Prior to 2008, CBS Corp. owned approximately 18% of Westwood One, Inc., which managed the CBS Radio Network. CBS, in turn, manag

ed Westwood under a management agreement. Further, one employee of CBS was a member of Westwood’s board of directors. CBS did not control the board of directors, however. In this situation, how should CBS account for its investment in Westwood One?
Business
1 answer:
olga nikolaevna [1]3 years ago
4 0

Answer and explanation:

The influence a company may have over another when one of them has a number of shares that belongs to the other is determined by the percentage of ownership that the number of shares represent. If its lower than 20%, it is said the company has <em>no influence</em> over the other. From 20% to 50% one company has <em>significant influence</em> over the other. Finally, with more than 50% of the outstanding shares in possession, one company has <em>control </em>over the other.

In that case, CBS Corp. has no influence over Westwood One, Inc. since it owns only 18% of the outstanding shares.

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Swifty Corporation incurs the following costs to produce 9900 units of a subcomponent:
MrMuchimi

Answer:

The net income will increase by $6,712 if the subcomponent is purchased.

Explanation:

Giving the following information:

Swifty Corporation incurs the following costs to produce 9900 units of a subcomponent:

Direct materials $8316

Direct labor 11187

Variable overhead 12474

Fixed overhead 16200

Total cost= $48,177

An outside supplier has offered to sell Swifty the subcomponent for $2.85 a unit.

Swifty could avoid $3000 of fixed overhead by accepting the offer.

We need to calculate the total cost of buying the subcomponent:

Buy:

Total cost= 9,900*2.85 + (16,200 - 3,000)= $41,415

The net income will increase by $6,712 if the subcomponent is purchased.

8 0
3 years ago
Fiber-optic cable most likely would be used in a business network when (1 point) saving money is more important than speed. the
Papessa [141]
When electrical or magnetic interference is present
8 0
3 years ago
Key inputs to the verification process include?
Citrus2011 [14]

The purpose of verification, as a normal motion, is to become aware of the faults/defects introduced at the time of any transformation of inputs into outputs.

Verification is a pleasant manage technique that determines if a machine meets its gadget-stage necessities. Inspection and demonstration is the principle testing technique used in Verification.

The Verification procedure offers the evidence that the gadget or machine detail plays its meant capabilities and meets all performance requirements listed inside the machine overall performance specification and functional and allotted baselines.

Learn more about verification method here:brainly.com/question/14513832

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5 0
2 years ago
About 13 to 16 guests out of every 100 are purposefully out to scam us and get something for free.
antoniya [11.8K]

Answer:

True

Explanation:

2% out of 100 guest purposefully scam.

3 0
4 years ago
Read 2 more answers
explain on how the media can influence public opinion of sports personalities in both a positive and a negative way...
BabaBlast [244]
It can influence public opinion in a positive way by showing classic stories of kids who come from poor families and how it motivated them to stay in school and perhaps even go to college. It can influence public opinion in a negative way by highlighting the use of dangerous performance enhancing drugs (steroids) as well as a hyper-macho culture which has sometimes been seen to encourage bullying or sexual assault.
8 0
3 years ago
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