2.1 Research Design and Sample
This paper utilized audited financial statements over a 7-year panel data from 2008 to 2014 that were submitted by the cooperatives in one region in the Philippines to the Cooperative Development Authority. The original number of reports submitted was 5,287 and because of missing data, 2,147 reports were removed from the study. There were 3,140 reports utilized as a sample data and majority of the reports were from multi-purpose cooperatives. The raw information was processed and organized to make curve estimation. The researcher generated the graph through the use of Statistical Package for the Social Sciences (SPSS) trial version which was analyzed and then different journals were used to support the analysis derived in the study.