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I want a explain how i can fill this table with details ask me In this question MEMBER Beginning Equity Patronage duringlast five years Share
I want a explain how i can fill this table with details ask me In this question
MEMBER | Beginning Equity | Patronage duringlast five years | Share of Total Cooperative patronage | Adjusted Equity Requirement | Equity Adjustment |
a | 1000 | 180 | |||
b | 3000 | 300 | |||
c | 3500 | 120 | |||
7500 | 600 |
The cooperative operates its plan according to a five-year base period. Suppose the board of directors has determined that the cooperative must have an additional $300 of equity capital to meet its financial requirements during the next year. The balance of each member's equity account is shown in column 2 of the table. Patronage attributable to each member during the five-year base period is shown in column 3. Patronage during last five years MEMBER Beginning Equity A 1000 B 3000 180 300 C 3500 120 7500 600 Required : Calculate The adjustment to be made in each member's equity account ! Equity adjustment calculation MEMBER Beginning Equity Patronage during last five years Share of Total Cooperative patronage Adjusted Equity Requirement Equity Adjustment 1000 180 A B . C 3000 3500 7500 300 120 600
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