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:
federalism is a comprise meant to eliminate the disadvantages of both systems.
Explanation:
In a federal system, power is shared by the national and state governments.
Answer:
In my opinion the legislative brach will decide the priorities in a group meeting
Explanation:
Got it rigth on edunuty
They believe that their school has the right subjects and
programs students need to learn for their chosen profession. Apart from their
excellent academic programs, they also instill discipline and mentally prepare
their graduates for the demands that they may tackle once they leave the
school.
The correct answer is:
Federal relief for the unemployed.
Franklin Roosevelt instituted the New Deal from 1933 to 1939. Congress passed dozens of programs to stabilize the U.S. financial system. They provided relief to farmers and jobs to the unemployed. . The New Deal policies introduced Keynesian economic theory.
