Every cooperative board of directors is charged with both protecting and utilizing the resources of the cooperative for its members. This simply stated prime directive is far from a simple task.
Balancing the needs of the member with the needs of the cooperative’s balance sheet is a tricky proposition at best. Establishing margins to cover actual costs along with additional net savings that will allow for future growth of services can be difficult, but past performance – together with reasonable expectations and realistic optimism – should drive financial projections.
With the help of the cooperative’s management, boards develop and approve business plans that will meet the organization’s goals. Most planning cycles are conducted annually, creating a budget that anticipates surpluses. New projects offering better services or products are financed along with long-term financing, either with new injections of capital or long-term borrowings. Unrealistic long-term financing projections can seriously interrupt the monthly and daily operations of a cooperative, therefore, understanding how current assets and liability affect the cash to cash cycle is a critical piece of knowledge that any board member needs. Current assets consist of cash, inventories and accounts receivable. Current liabilities include accounts payable for goods and services and the current portion of long or immediate term debt.
Answer:
C. downward social mobility
Explanation:
Many young people complete their education and find it impossible to afford a new home despite having a well-paying job, yet their parents had a very different experience. This is an example of <u>downward social</u> mobility.
Downward social mobility is a movement from a higher social level to a lower social level. Young people move from a higher social class provided by their parents to a lower social class when independent due to a variety of reasons such as poor financial management, and inflation.
The reason to pause is to give you a chance to think.
Pausing to think can help you give insight on what you should do, say, or how to act in a situation.
Answer:
This is an example of: <u>a sample survey.</u>
Explanation:
In the experiment to determine the effect of sleep deprivation on the ability of the student to concentrate definitely needs an experimental setup rather than a randomized data collection.
<em>Do to the fact that, the experimental used a small sample sized area (Students in a calculus class) to test his hypothesis shows that the setup is a sample survey. </em>
<u>This sample survey result could be extrapolated to the whoe region (the classes in the school or whole school ) to determine if there was a major significance between the two variables.</u>
When diverse African empires, small to medium-sized nations, or kinship groups came into conflict for various political and economic reasons, individuals from one African group regularly enslaved captives from another group because they viewed them as outsiders.
