Question

• Compare and contrast for-profit and not-for-profit corporate structures based on the information available from a balance sheet and an income statement? Fundamentally, what are the differences?

Answer 1

idcr DYOS - Under financial pressure, for profit hospit are more likely to close or restructure than nonprofits - for-profit systems benefit from investors money and have more flexibility about which services they offer, often seeking more profitable ona - A non profit must invest profits back into organisation mus no

ODO - for-profit chospitals income lanes while pay property and non profit hospitas don't. hon for-profit chospitah are considerably more responsive to financial incentives than non profit, not just with respect to their decisions to offer services but also in their willingness to operate at all. Ons