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 answer is westminster model also known as C
Answer:
Methodology
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Explanation:
When she conducts studies into the impacts with various advertising strategies. She records almost all of those actions she had taken to complete the document in one segment of her study. Thus, each segment offers an illustration of such a methodology. That's why the following answer that is methodology is the correct according to the following scenario.
Answer: the government would no longer be able to finance deficits by printing money, and inflation would be under control.
El Salvador adopted the dollar because it's revenue could no longer service the budget. The adoption of the dollar will put a control to inflation since the dollar is the currency it uses to trade in the foreign market.
Because songa was released before songb
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