Last year, your family's small business had the following: Sales Cash Operating expenses Depreciation Expense EBIT 250 135 Interest Expense Таxes Net Income 15 100 20 25 55 During the year, Net Working Capital increased by 10 and the company invested 30 in a remodel of its storefront. What was the free cash flow to all investors for the year? Show your work or explain your answer.

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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.