Below you see the income statement, where the items are incorrectly mixed. You are required to fill in the text after the table correctly Marketing expenses 1,000 USD Revenue 11,000 USD Interest paid 500 USD COGS 4,000 USD Personal expenses 2,000 USD Depreciation 3,000 USD Gross profit reaches USD .If we substract all operating expenses, we can find the profit called which reaches USD also known as EBT reaches USD The tax rate is 20%, also known as EAT is therefore USD

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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.