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.
The correct answer is "mnemonic".
The song Skye composed for his quiz is considered to be a mnemonic device. A mnemonic is described as <span>any </span>mastering method<span> that aids </span>statistics<span> retention or retrieval </span>within the<span> human </span>reminiscence<span>. Mnemonics </span>uses many aspects, such as <span>elaborative encoding, retrieval cues, and the use of imagery as </span>precise devices <span>to encode any given </span>facts<span> in a </span>way<span> that </span>lets in<span> for </span>efficient storage<span> and retrieval.</span>
Explanation:
Anne Frank was burn in German city of Frankfurt an main in 1929.Anne's sister Margot was 3 years her Senior . unemployment was high poverty was severe in Germany , and it was the period in which Adolf Hitler and his party was gaining more and more supporter . Hitler hated the Jaws and blamed them for the problems of the country . he took the advantage of the rampant antisemitic sentiments in Germany. the hatred of George and poor economic situation made Anne's parents Otto and Edith Frank , decide to move the Amsterdam . there Otto founded a companies that traded in pectin , a gelling agent for making jam.
According to the figure, I believe it’s 16.
