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: Energy is defined in science as the ability to move matter or change matter in some other way. Energy can also be defined as the ability to do work, which means using force to move an object over a distance. When work is done, energy is transferred from one object to another. Hopefully i helped
Explanation:
Hi Izzi,
Question - What was the purpose of the jamestown settlement?
Answer - It was a dare from a company that wanted them to sail to land that was still a mystery, in honor of Queen Elizabeth the first.
In cross sectional research, a researcher compares multiple segments of the population at the same time.
<h3>What is cross sectional research?</h3>
It is a type of research design in which data are collected from many different individuals or segments.
This data are analyzed at one specific point and time.
Therefore, a cross sectional researcher compares multiple segments of the population at the same time.
For more information on cross sectional research kindly check
brainly.com/question/10879218
Answer:The interaction between two like-charged objects is repulsive. ... Positively charged objects and neutral objects attract each other; and negatively charged objects and neutral objects attract each other.
Explanation:
