Skip to content

Main content

Cooperative Member Patronage Share Term Tool

Calculate cooperative member patronage share term from explicit caller-supplied inputs.

Loading tool…

Description

Allocate surplus by memberTrade/total; split allocated amount into retained and cash shares.

Agribusiness records use explicit price bases, commissions, returns, minimum charges, credits and tax assumptions. A supplied arithmetic rule can reconcile a scenario while actual acceptance, contractual rights and legal liability require the governing agreement. Signed residual balances can be useful evidence of overpayment or inconsistent inputs.

Allocate surplus by memberTrade/total; split allocated amount into retained and cash shares.

When to use this tool

Use Cooperative Member Patronage Share Term when checking the stated caller-defined price, fee, return or settlement convention.

How to use the tool and how it works

  1. Enter memberEligibleTrade, totalEligibleTrade, distributableSurplus, retainedFraction. Use the units and conventions below.
  2. Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
  3. Read share, allocated, cashPaid, retained. Use the output convention below.

Require positive total eligible trade, member trade within total, nonnegative surplus and retained fraction in [0,1]. Allocate surplus by memberTrade/total; split allocated amount into retained and cash shares.1

Input fieldMeaning and unitsAccepted input
memberEligibleTradeMember Eligible TradeRequired. Finite number; minimum 0.
totalEligibleTradeTotal Eligible TradeRequired. Finite number; strictly above 0.
distributableSurplusDistributable SurplusRequired. Finite number; minimum 0.
retainedFractionShare withheld from the allocated member surplus; cash uses its complement.Required. Finite number; minimum 0; maximum 1.
Output fieldInterpretationReturned shape
shareDimensionless share using the operation-specific denominator stated above; not a percentage number.Required. Finite number.
allocatedAllocatedRequired. Finite number.
cashPaidCash PaidRequired. Finite number.
retainedRetainedRequired. Finite number.
json
{
  "input": {
    "memberEligibleTrade": 100,
    "totalEligibleTrade": 1000,
    "distributableSurplus": 500,
    "retainedFraction": 0.2
  },
  "output": {
    "share": 0.1,
    "allocated": 50,
    "cashPaid": 40,
    "retained": 10
  }
}

Limitations and assumptions

  • Eligibility and distributable surplus are supplied; no cooperative rules, authorization or actual distribution rights are determined.
  • Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
  • Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.

Alternative or Complementary methods

Inspect original transaction records and applicable contracts/tax rules with the responsible financial/legal professionals for actual settlement or enforcement.

References

  1. Calculation and input contract: agribusiness/cooperative-member-patronage-share-term — tool.io

Similar or alternative tools