What Services Does PBS Provide, and How Has It Fared

question 85

Essay

What services does PBS provide, and how has it fared in comparison with the major networks?

---

Definitions:

Return On Investment

A measure of financial performance calculated as the net profit divided by the total investment.

Average Operating Assets

The average value of the assets used in the day-to-day operations of a business over a specific period.

Last Year's Margin

The difference between sales revenue and the cost of goods sold in the previous fiscal year, often used as a benchmark for financial performance.

Unfavorable Effect

Occurs when actual costs exceed budgeted costs, or actual revenues are less than expected, negatively impacting financial performance.