The major difference between a for-profit and a not-for-profit

The major difference between a for-profit and a not-for-profit

1. The major difference between a for-profit and a not-for-profit is the names for example for revenue goodwill calls if revenue and support and bottom line what other people call net profit but goodwill calls it net change in assets.
2. Good will utilizes performance ratio analysis because is provides members examples of where to get the best ideas and to do collaborations as far as providing services for the community.
3. The three major financial statements prepared by Goodwill are statement of activity, bottom line and statement of financial position.

3a. Cash flow analysis is of importance because it allows organizations to see how much cash is coming in, what is still owed to them, and how much is being paid out.

1. The major difference between a for-profit and a not-for-profit is the names for example for revenue goodwill calls if revenue and support and bottom line what other people call net profit but goodwill calls it net change in assets.
2. Good will utilizes performance ratio analysis because is provides members examples of where to get the best ideas and to do collaborations as far as providing services for the community.
3. The three major financial statements prepared by Goodwill are statement of activity, bottom line and statement of financial position.

3a. Cash flow analysis is of importance because it allows organizations to see how much cash is coming in, what is still owed to them, and how much is being paid out.