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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.

You might be interested in
In the 1980s, the U.S. government forced Japanese automakers to limit their exports to the United States. The union representing
never [62]

Answer:

A) save domestic jobs

Explanation:

Domestic jobs: These are the categories of jobs that are available in the national country of the company or within the boundary of the country, which has a preference for the local population and has more responsibility toward national´s resources, however, foreign companies have less responsibility toward national´s resources and their sole motive is to earn profit at a lesser cost.  

In the given case, Japanese company´s export to the U.S have affected the domestic jobs as their motive is to maximize profit, which leads to an argument for protection of domestic job in U.S auto industry, therefore, US government have limited the export of Japanese automaker.

7 0
3 years ago
A supplier of instrument gauge clusters uses a kanban system to control material flow. The gauge cluster housings are transporte
defon

Answer:

N=\frac{5*2(1+0.4)}{6}\\N=2.333\ kanban\\

Rounded to next  whole number:

N=3 kanban card sets

Explanation:

Given:

Number of gauges per hour=D=5 gauges per hour

Gauge cluster housing Transported=C=6

Hours for housing replenishment = T=2 hours

Safety Stock Percentage=P=40%

Find:

Number of kanban card sets needed=N=?

Solution:

Formula According to above mentioned Alphabets

N=\frac{D*T(1+P)}{C}

N=\frac{5*2(1+0.4)}{6}\\N=2.333\ kanban\\

Rounded to next  whole number:

N=3 kanban card sets

7 0
3 years ago
a 17-year annuity pays $1,100 per month, and payments are made at the end of each month. The interest rate is 16 percent compoun
zzz [600]

Answer:

The present value of the annuity is $73,091.50

Explanation:

Use the following formula to calculate the present value of the annuity

Present value of annuity = ( Annuity Payment x Annuity factor for first 6 years ) + [ ( Annuity Payment x Annuity factor for after 6 years ) x Present value factor  for 6 years ]

Where

Annuity Payment = $1,000

Annuity factor for first 6 years = 1 - ( 1 + 16%/12 )^-(6x12) / 16%/12 = 46.10028344

Annuity factor for after 6 years = 1 - ( 1 + 13%/12 )^-((17-6)x12) / 13%/12 = 70.0471029820

Present value factor for 6 years = ( 1 + 16%/12)^-(6x12) = 0.385329554163

Placing values in the formula

Present value of annuity = ( $1,000 x 46.10028344 ) + [ ( $1,000 x 70.0471029820 ) x 0.385329554163 ]

Present value of annuity = $46,100.28 + $26,991.22

Present value of annuity = $73,091.50

4 0
2 years ago
A monopoly has produced a product with a patent for the last few years. The patent is going to expire. What will likely happen t
denis23 [38]

Answer:

Demand for the patent-holder's product will decrease when the patent runs out.

Explanation:

While there is a patent over a product, only the patent-holder's can sell that product. If there is a monopoly it means that that company is the only one that produce and sell this product.

When the patent run out new competitors will enter the business, so the demand on patents holders will decrease.

6 0
3 years ago
Bart orders 20,000 class a widgets from salvatore. salvatore promptly ships to bart 20,000 class b widgets instead. under the uc
nasty-shy [4]
<span>the Salvatore has n number of class a widgets and n number of class b widgets.Since the Salvatore ships class b widgets to bart ,Bart has 0 class a widgets and 20,000 class b widgets.</span>
5 0
3 years ago
Read 2 more answers
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