A CASH REGISTER TAPE SHOWS CASH SALES OF $3,000 AND SALES TAX OF $150. THE JOURNAL ENTRY TO RECORD THIS INFORMATION IS CASH $3,150 SALES TAX PAYABLE $150 SALES $3,000 O CASH $3,150 SALES TAX REVENUE $150 SALES $3,000 CASH $3,000 SALES TAX EXPENSE $150 SALES $3.150 CASH $3.000 SALES $3.000

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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.