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.
C: lowering trade taxes since they traded most materials to one another.
Answer:
increase ; decrease
Explanation:
Human capital is the production factor of goods and the services that is produced but the human labor.
Human capital input is defined as the labor input of the production adjusted for quality which is related to the skills and health of the labor. The knowledge, qualifications and skills are all formed a part of the human capital that leads to the creation of goods and products.
In the context, the larger labor force who do not have a high school degree will increase the human capital input because worker are in large number and so they will produce more products or services.
While those workers with high school degree will decrease the human capital input because they are smaller in number hence less production output.
Therefore the answer is -- increase ; decrease
Answer:
The correct answer for this question is B. closed stratification system.
Explanation:
This concept refers to the inability to move between the layers of a social system.
Erie Canal was the one that was built to connect Albany and Buffalo
