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:
Because it encouraged imperialism at a time when support was dwindling
The correct answer is Chinese
Explanation: This Chinese creation was very important and revolutionized the way information was passed, after the Chinese creation, the Englishman Johannes Gutenberg, created the official machine and this helped a lot the way things changed in society.
Answer:
Marijuana, Heroin and LSD
Explanation:
According to my research on DEA drug categories, I can say that based on the information provided within the question the Schedule 1 category includes Marijuana, Heroin and LSD. Therefore all except for cocaine are considered to be Schedule 1 substance by the Drug Enforcement Agency (DEA) of the United States Government.
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The use of standard currency/coins help the economy of the Roman Empire because Roman coins were often used as tools by Europeans to circulate various forms of news and propaganda to the people and the world.
