Prepare cash budget for 3 months brewster corporation expects the following cash receipts and disbursements during the first quarter of 2016 (receipts exclude new borrowings and disbursements exclude interest payments on borrowings since january 1, 2016):

cash receipts january february march

$260,000 $280,000 $250,000

cash disbursements

240,000 320,000 260,000

the expected cash balance at january 1, 2016, is $42,000. brewster wants to maintain a cash balance at the end of each month of at least $40,000. short-term borrowings at 1% interest per month will be used to accomplish this, if necessary. borrowings (in multiples of $1,000) will be made at the beginning of the month in which they are needed, with interest for that month paid at the end of the month. prepare a cash budget for the quarter ended march 31, 2016.

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.