Instructions for Efficient-Frontier Construction a. Estimation The goal is to obtain the raw ingredients – expected returns‚ standard deviations and correlations. Historical data are used for this purpose. As a rule of thumb‚ five years of daily data are probably right (one year should be the absolute minimum). Keep in mind the following: 1) make sure to use the adjusted close prices to calculate returns (so that you won’t have large‚ spurious negative returns due to dividend payments or splits)
Premium Standard deviation Arithmetic mean Addition
Andrew Johnson Professor Sander Accounting 497 18 February 2015 Northern Frontier Parks‚ Inc. 1. After reading the case‚ I would say that the engagement risk the auditors are facing is fairly high. Up until 1999‚ George Newton‚ the current CEO/CFO of Northern Frontier Parks‚ Inc.‚ was responsible for creating the financial statements‚ which were not being audited or reviewed by anybody. This is an issue because without an audit‚ there is no way to ensure the company’s financials are being correctly
Premium Auditing Income statement Financial audit
Roosevelt failed to extend his reforms of the new deal far enough to impact the society‚ but others believed he did just enough to make a difference without taking advantage of the power given to him through the federal government. Although it is controversial whether President Roosevelt’s New Deal was effective‚ most of his reforms benefited the American people and the economy. Over the course of Roosevelt’s presidency‚ he experienced many
Premium Great Depression United States Franklin D. Roosevelt
“Fair is Foul‚ and Foul is Fair” The play Macbeth‚ was written around 1606 by the famous poet William Shakespeare. In the plot‚ Macbeth is told prophecies by three witches and he does everything in his power to make sure he becomes the king‚ as they proclaimed‚ including murder. In Macbeth‚ one theme presented is “fair is foul‚ and foul is fair‚” meaning that things appearing to be good are sometimes bad‚ and things that at first seem bad can actually be good. There are many examples in the play
Premium Macbeth Three Witches Duncan I of Scotland
The new deal made America what it is today. The new deal was created by Franklin Roosevelt to help the United States out of debt and give people money. The great depression was a hard time on most people and most people lost everything they had. With the new deal Roosevelt’s plan was to create more jobs‚ get banks working again‚ and allow people to trust the economy. However the new deal was a failure and did not benefit most americans because they had no opportunities to work‚ minorities struggled
Premium New Deal Great Depression United States
The Great Society was a domestic social program created in the 1960’s by President Lyndon Johnson. While President Johnson acknowledged the greatness of the United States‚ he also recognized there was a large segment of the United States that was not part of the success story – people living in poverty. While I am not saying that giving to the less fortunate is wrong or those who are at disadvantages because of uncontrollable circumstances should not be given an opportunity to help themselves
Premium United States President of the United States Lyndon B. Johnson
Roosevelt’s New Deal Cora E. Parks January 16 2013 The New Deal was a series of programs created by the 32nd President of the United States‚ Franklin Delano Roosevelt‚ during a time of economic depression to help the poor and destitute people of the nation by creating jobs‚ providing economic recovery‚ helping restore damaged areas in the U.S.‚ and much more. In 1932‚ when the American public voted President Herbert Hoover out of office‚ they were searching for an end
Premium
Founder of the New Deal In the 1930’s‚ the United States underwent a time of Depression. During the early 1900’s‚ we had our ups and downs with the economy. The United States suffered with a series of strikes occurring‚ resulting in millions of workers discontinuing their jobs. The Boston Police strike‚ the Steel Mill strike‚ and the Coal Miner’s strike were the three main strikes that had a negative impact on our economy. According to the National Humanities Center‚ these labor strikes "pitted industrial
Premium United States New Deal Great Depression
NOTES I. Freehold Society in New England Farm Families: Women and the Rural Household Economy • Puritan commitment to independence did not include women • A wife’s duty was to “love and reverence” her husband • The courts prosecuted many women and few men for having sexual intercourse outside of marriage (fornication) • Daughters usually received livestock or household goods‚ while brothers were given land • Women assumed the role of dutiful helpmates to their husbands • Bearing and rearing
Premium Gender Wife Woman
their jobs and became homeless that day. It lasted for almost a decade. However‚ President Roosevelt introduced a plan‚ called The New Deal. The goal of the new deal was to help get the United States out of the Great Depression. Many people have different thoughts on how effective the New Deal was‚ though it helped get The United States out of the Depression. The New Deal was a success because it lowered the unemployment rate helped rebuild the economy. After the stock market crash‚ millions of people
Premium Wall Street Crash of 1929 Great Depression Stock market