Example patronage calculation for member-owner Suzy Sunshine
|Co-op sales at end of fiscal year||$5,300,000|
|70% of Co-op sales are to member-owners||$3,710,000|
|Board declares a patronage refund and|
distributes 50% to member owners
and retains 50% for the co-op
|Suzy Sunshine spent $50/wk or $2600/year.|
This is her percentage portion of the total
sales to member-owners.
This is the percentage of the total refund she's entitled to.
|Suzy's patronage refund||$35.04|