CASH FLOW COMPARISONS OF TWO METHODS OF ALLOCATING COOPERATIVE PA TRON AGE REFUNDS

Nonqualified allocations offer an alternative method of allocating patronage refunds. This paper compares patron after-tax cash flows from qualified and nonqualified allocations. Results suggest neither method is clearly superior. Because of tax timing differences, present values of cash flows from nonqualified allocations often are comparatively greater than nominal values.


Issue Date:
Aug 02 1987
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/270120
Language:
English
Total Pages:
15




 Record created 2018-03-28, last modified 2018-03-28

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