What is Viacom's fiscal year?
Viacom's fiscal year starts on October 1st and ends on September 30th. This means that the company's financial reporting and accounting activities are based on this twelve-month period. By aligning their fiscal year with these dates, Viacom can make accurate assessments of its financial performance and provide shareholders and investors with consistent and reliable information. This timeframe allows Viacom to measure its progress and evaluate its financial health on an annual basis. Additionally, by following a standardized fiscal year, Viacom ensures comparability and facilitates communication with other companies and industry analysts.
Answered May 3, 2024
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