Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Some of the alternative sources of equity are: direct investment, retained patronage refunds, and capital retains. Each source has several advantages. Match the provided sources
Some of the alternative sources of equity are: direct investment, retained patronage refunds, and capital retains. Each source has several advantages.
Match the provided sources of equity to their advantages.
Direct investment
Retained patronage refunds
Capital retains
A These funds are based on the volume of patronage handled for each member, and marketing cooperatives are their major uses
B Discovers member interest and commitment and indicates whether members are supportive of their business
C These funds are well suited for supply and service cooperatives, and they can be used to encourage nonmember patrons to become members because they can use these funds to purchase membership stock
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started