Question

difference between for-profit market and non-profit market

Answer 1

While for-profit organizations are responsible for paying taxes based on their net income, nonprofit organizations are exempt from paying income tax. ... Another difference between a nonprofit and for-profitorganization is that a for-profit will put together an income statement each 

Answer 2

Here is your answer

While for-profit organizations are responsible for paying taxes based on their net income, nonprofit organizations are exempt from paying income tax. ... Another difference between a nonprofit and for-profit organization is that a for-profit will put together an income statement each quarter.

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