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.
Increased colonist anger towards the British.
The economic term for this is "opportunity cost".
Opportunity cost is the cost of the options that one is not choosing. This means that if one has to choose between A and B, opportunity cost is the cost of "giving up B" when one chooses A.
Answer: Registration Statement.
Explanation: "The Registration Statement" is a set of documents which a corporation willing to sell securities (issuer) must file with the Security Exchange Commission before such securities can be offered to the public. The registration statement filed with the security exchange commission must include:
1) Description of the corporation
2) History of the corporation's operation.
3) Brief biography of the directors and officers of the corporation.
4) Financial statement of previous years.
5) Financial stake of all directors and people in charge of the corporation as well as names of shareholders who hold more than 10% of the corporation's securities.
6) The type of securities offered to the public and how the revenue from sale of such security will be spent.
7) History of legal proceedings that may have significant impact on the company.
Answer:
well for me I think
Explanation:
it's a good idea it's part of the tactics
