What are assets liabilities and owners equity

Reference no: EM133473992

Discussion Post

Part I

Question: What is Diversification? Discuss the benefits of diversified portfolio.

Part II

Question: What is a Balance Sheet? What are assets, liabilities and Owner's Equity? What is the importance of Balance Sheet for the business.

Answer the following questions:

Question A. What is an Income Statement? What is included in Income Statement? What is the importance of Income Statement for the business?

Question B. What are Cost of Goods Sold (COGS)? Also discuss Earnings before Interest and Tax (EBIT).

Reference no: EM133473992

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