K. WONWOO had a beginning capital of P200,000 in the SEVENTEEN Partnership. During the year WONWOO invested P35,000 and had withdrawals of P60,000. His share of net income for the year was P80,000. What is WONWOO's ending capital balance? Your answer The purchase (acquisition) of treasury shares Decreases share outstanding Increases share outstanding Decreases share issued Increases share issued

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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.