Karim corp. requires a minimum $8,800 cash balance. if necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly). any excess cash is used to repay loans at month-end. the cash balance on july 1 is $9,200 and the company has no outstanding loans. forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow. july august september cash receipts $ 24,800 $ 32,800 $ 40,800 cash payments 29,200 30,800 32,800 prepare a cash budget for july, august, and september. (negative balances and loan repayment amounts (if any) should be indicated with minus sign. round your final answers to the nearest whole dollar.)

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.