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:
D. Monarchy and dictatorship
Explanation:
Both a monarchy and dictatorship have one ruler above everyone else.
Answer:
<em>Dickens, the novel, which spans action in the cities of London and Paris</em>
Explanation:
In context, which is the best version of the underlined portion of sentence 1 (reprinted below)? A Tale of Two Cities, the second of only two historical novels written by Charles Dickens, the novel spans action in the cities of London and Paris during the years 1775–1793.
A Tale of Two Cities dates back to the previous century and sets it stories in the beginning of the French Revolution. Paris is embodied as a city where corruption by the political leaders leads revolutionaries to rise up against the powerful but the violence that replaces that corruption is worse. The London of the book is relatively peaceful and quiet in a village of Soho where a loving family was raised by Charles Darnay and Lucie Manette.
Going back to the question
In context, which is the best version of the underlined portion of sentence 1 (reprinted below)?
Dickens, the novel, which spans action in the cities of London and Paris
will be perfect
Answer: the water table (the groundwater level) is very near to the soil surface or shallow water covers the surface for at least part of the year
Explanation:
The one that is represented by the X
