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9 Cards in this Set
- Front
- Back
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Sole proprietorship |
Business owned by one person |
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Partnership |
Business owned by two or more people associated as partners |
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Corporation |
Separate legal entity for which evidence is provided by shares of stock |
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Internal user |
Managers who plan, organize, and run business organizations |
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External user |
Investors and creditors |
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Investors |
Stockholders: buy, hold, or sell shares of a company's stock. |
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Creditors |
Suppliers and bankers: assessment the risk of granting credit or loaning money to a business. |
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Financing activities |
Collecting the necessary funds to support the business |
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Investing activities |
Acquiring the resources necessary to run the business |
