What does it mean to “diversify” your portfolio?

Putting your money in funds that come with high fees since they are guaranteed to perform better.

Pooling your money into one fund so that you can more easily manage your investments.

Spreading risk by investing your money in a variety of funds and investment options.

Investing all of your money into 1-2 funds so that you can focus on making money through compound interest.

Describe how to write a main idea expressed as a bottom-line statement

Mason farms purchased a building for $689,000 eight years ago. six years ago, repairs costing $136,000 were made to the building. the annual taxes on the property are $11,000. the building has a current market value of $840,000 and a current book value of $494,000. the building is totally paid for and solely owned by the firm. if the company decides to use this building for a new project, what value, if any, should be included in the initial cash flow of the project for this building? $0$582,000$840,000$865,000$953,000

Acompany finances the purchase of equipment with a $500,000 5-year note payable. the note has an interest rate of 12% and a monthly payment of $11,122. after two payments have been made, what amount should the company report as the note payable balance in its december 31 balance sheet?