If a portfolio manager consistently obtains a high Sharpe measure, the manager's forecasting ability
A. is above average.
B. is average.
C. is below average.
D. does not exist.
E. cannot be determined based on the Sharpe measure.
A. is above average.
The manager with the highest Sharpe measure presumably has true forecasting abilities.
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Drafts that have a maturity date of six months are exempt from registration with the SEC
Indicate whether the statement is true or false
Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,900 units, but its actual level of activity was 5,850 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for October:Data used in budgeting: Fixed element per monthVariable element per unitRevenue - $29.90 Direct labor$0 $5.60Direct materials 0 8.60Manufacturing overhead 37,000 1.30Selling and administrative expenses 27,200 0.80Total expenses$64,200 $16.30?Actual results for October: Revenue$176,095Direct labor$31,510Direct materials$49,800Manufacturing overhead$45,775Selling and administrative
expenses$31,670?The activity variance for selling and administrative expenses in October would be closest to: A. $40 F B. $250 U C. $250 F D. $40 U
Trade journals and newspaper clippings observed in an office indicate that the manager has an interest in external information
Indicate whether the statement is true or false
Which of the four general guidelines to building a positive self-concept needs the least work? The most work? Explain your answer.
What will be an ideal response?