$1.$ What is the major difference between a for$-$profit and a not$-$for$-$profit organization?

$2.$ Why does Goodwill utilize performance ratio analysis?

$3.$ Identify the three major financial statements prepared by the not$-$for$-$profit organization Goodwill.

$4.$ What$$s the key difference between assets and liabilities?$$ Which of the key financial statements features these categories prominently?

$5.$ Identify the six steps in the accounting cycle.

$6.$ What are the key reasons that firms do ratio analysis?