Answer: Joint operating agreement
Explanation:
The joint operating agreement is one of the concept that helps in protecting the business or the industry from the failure that helps in governing the partnership between any two organization.
In this type of agreement any two organization are basically contributing their power and the resources for producing the effective result.
According to the given question, the newspaper industry is one of the example of joint operating agreement in which two companies are permitted for combining their business. Therefore, Joint operating agreement is the correct answer.
Question Completion:
Describe the accounting treatment of Supplies Expenses.
Answer:
Supplies Expenses are debited while the Supplies account is credited with the supplies expenses.
Explanation:
This accounting treatment of Supplies Expenses reduces the balance of the Supplies account by the amount of supplies used during the period. Thus, what is left in the Supplies account is the cost of the unused supplies at the end of the accounting period. The treatment also accords with the accrual concept, which requires that expenses are matched to the revenues that they generate in the period.
It should be noted that the generic action option that serves as outgrowth of affirmative action programs is include/exclude action.
This generic action option gives attempts in increasing or decreasing the number of diverse people throughout an organization .
<h3>What is generic action option?</h3>
generic action can be regarded as an action which serves as generic delegate that is present in System namespace.
Learn more about generic action option at:
brainly.com/question/12851463
Answer:
a. 1.8716%
b. $13,937.9955
Explanation:
The computation is shown below:
a. For accrued interest
= (Coupon rate ÷ 2) × (Before settlement days ÷ Total settlement days)
= (4.750% ÷ 2) × (145 days ÷ 145 days + 39 days)
= 2.3750% × 0.7880
= 1.8716%
b. Now the dirty price is
= Face value × (accrued interest percentage + current price quoted on the bond)
= $13,000 × (1.8716% + 105.34375%)
= $13,000 × 107.21535%
= $13,937.9955
By applying the above formulas we can get the accrued interest and the dirty price
