Dobson company expects to begin operating on january 1. the company's master budget contained the following operating expense budget: january february march salary expenses $ 40,000 $ 36,000 $ 36,000 sales commissions, 5% of sales 24,000 30,000 28,000 utilities 2,800 2,800 2,800 depreciation on store equipment 1,800 1,800 1,800 rent 7,200 7,200 7,200 miscellaneous 1,800 1,800 1,800 total operating expenses $ 77,600 $ 79,600 $ 77,600
sales commissions are paid in cash in the month following the month in which the expense is recognized. all other expense items requiring cash payment are paid in the month in which they are recognized. the amount of cash to be paid for operating expenses during the month of january is:

Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

According to which act will be the person punished