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:
Gender Stratification
Explanation:
Gender stratification is a term used to describe when men and women are treated unequally regarding privilege, prestige, power, freedom, and wealth. It represent an unequal division between men and women where men are always made to be higher in status than women. In some cases the term gender inequality is used in place of gender stratification.
To improve its economy, the Government of Ireland did not : D. Cut local taxes
By not cutting local taxes, the domestic businesses in ireland will have more disposable income to expand their businesses, which will improve ireland's economy in the future
Answer:
The best and most accurate answer between the choices would be the second one. As the Commerce and Slave Trade Compromise was reached, it stated that Congress cannot prevent slave trade, but could tax slaves that are imported. Hopefully the answer has come to your help.
Explanation:
