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.
A., I do believe. Good luck
B I think I don’t know but I have that feeling that it is b
Answer:
On the 18th of April 1775, I, Paul Revere, was so excited I got to ride my horse through the country side warning other colonists the British were coming.
I begged to get involved so I could help my country get their freedom from the British. It meant everything to me, freedom is great to have.
When I was riding I saw soldiers. I was confident I could get past them, so I went as quickly as I could and got past them all! Victory! I also picked up my friends John Hancock and Sam Adams.
Before, when I saw the lanterns I rushed to get where I needed to go. I rushed to the harbor, I rushed across the water, I rushed to get to my horse, I even rushed on my horse. I did it, I warned the colonists, I told them to put up the lanterns. We all fought for freedom! We were all victorious. I, Paul Revere, did it.
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there you go! i hope this helps.
Answer:
i think he meant that his happiness is only rising and not setting like the sun im not really sure tho hope dis helps
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