Some Newer Networks Have Affiliate Agreements with Smaller Stations in Most

question 20

True/False

Some newer networks have affiliate agreements with smaller stations in most markets and have secondary affiliates that belong to other networks, such as CBS.

---

Definitions:

Current Market Price

The price at which an asset or security is traded in the market at the present moment.

Current Liabilities

Obligations or debts of a company that need to be settled with creditors within a twelve-month period.

Twelve Months

A period of one year, often used in financial statements to provide a snapshot of a company's performance.

Descending Order of Liquidity

Ranking assets on a balance sheet from the most liquid (easily converted into cash) to the least liquid.