1. Show how the following items will appear in the capital accounts of the partners Ali and Ahmed when their capital is a) fixed b) fluctuating Ali (R.O) 90000 Ahmed(R.O) 70000 Particulars Capital on 1.4.2015 Drawings during 2015-2016 Interest on drawings Interest on capital Partner's salary 12000 9000 360 270 5400 4200 12000 Commission 6000 Share of profit for 2015-16 6000 4000

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.