Discussion 3.1 What is Diversification? Discuss the benefits of diversified port

Discussion 3.1
What is Diversification? Discuss the benefits of diversified portfolio.
REFERENCES ARE MANDATORY. MINIMUM 150 WORDS REQUIREMENT.
Discussion 3.2
What is a Balance Sheet? What are assets, liabilities and Owner’s Equity? What is the importance of Balance Sheet for the business.
REFERENCES ARE MANDATORY. MINIMUM 150 WORDS REQUIREMENT.
Answer the following questions:
1. What is an Income Statement? What is included in Income Statement? What is the importance of Income Statement for the business?  MINIMUM ONE AND HALF PAGE REQUIREMENT.
2. What are Cost of Goods Sold (COGS)? Also discuss Earnings before Interest and Tax (EBIT).  MINIMUM ONE PAGE REQUIREMENT.
REFERENCES ARE MANDATORY. OUTSIDE REFERENCES ARE ALLOWED.
Weekly Summary 3.1
At least 200 words.
Each week you will write and submit a brief summary of the important concepts learned during the week. The summary will include a summary of the instructor’s weekly lecture including any videos included in the lecture.