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 correct answer to this open question is the following.
Although the question does not provide options, we can answer the following.
Non-native species can be declared an invasive species under the Lacey Act, triggering federal aid and action to curtail the problem.
One of the ways that the United States federal government found to protect the wildlife and the environment in American territory was the Lacey Act of 1900. It was US President William McKinley who signed the bill on May 25. The important thing about this legislation is that the act included severe penalties to punish violators. The Lacey Act put special emphasis on the conservation of bird species that were in danger.
The Supremacy Clause of the United States Constitution (Article VI, Clause 2) declares that the Constitution, federal legislation adopted in accordance with it, and treaties signed in accordance with its authority are the "supreme Law of the Land" and supersede any conflicting state laws.
It stipulates that state constitutions are subordinate to the supreme law and that state courts must abide by it.
Thus, Option A is correct.
<h3>Why did the Supremacy Clause come into being?</h3>
The provision gave the Supreme Court the power to support the creation of a robust federal government. The U.S. Constitution's Supremacy Clause was added because the Articles of Confederation did not have one. According to the Articles, state laws could not and did not take precedence over federal legislation.
For more information about Supremacy Clause refer to the link:
brainly.com/question/13839329
#SPJ4
<span>We can assume that her devotion to Christian ideals also guide her daily decisions. In this case, Julia's employee has violated the commandment "Thou shalt not steal", and so Julia would likely confront him or her for this transgression. Julia will likely punish the employee in some way, perhaps even firing him or her, even though the employee had selfless intentions in committing the sin.</span>
Answer:
There will be <em>no depreciation (shift)</em> <em>because</em> it is not an open market FX floating rate exchange
Explanation:
All over the world, some countries operate <em>floating rate exchange policy</em> in which the value of <em>a currency increases or decreases based on demand and supply in the forex market.</em>
In the case of <em>Central African CFA</em> (XAF), there would <em>not be a shift in the value of the currency in the FX market as a result of the currency value being controlled rigidly (Non-floating rate exchange method) irrespective of the political scandal in some areas of the region or not. </em>This is also similar to the situation where by a country in the CFA region still has a <em>stable currency exchange rate against Euro irrespective of the terrorism activities or economic situation they are passing through at that particular point in time.</em>
