Time Warner- Financial Acct
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Title: Time Warner- Financial Acct

Essay Details:

Subject: Business
Date: January 17, 2014
Grade: A
Length: 2 / 423

Essay text:

This is generally presumed to exist when Time Warner owns between 20% and 50% of the investee. However, in certain circumstances, Time Warner's ownership percentage exceeds 50% but the Company accounts for the investment using the equity method because the minority shareholders hold certain rights that allow them to participate in the day-to-day operations of the business. Property, plant and equipment are stated at cost. Additions to property, plant and equipment generally include material, labor, overhead and interest. Depreciation, which includes amortization of capital leases, is provided generally on the straight-line method over useful lives ranging up to forty years for buildings and related improvements and up to sixteen years for furniture, fixtures and other equipment...

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