Mr. Azeem, Mr. Hashim and Mr. Shakeel are partners sharing profits in the ratio of 4:3:2. Mr. Azeem retires, and his share is taken up by Mr. Hashim and Mr. Shameel in the ratio of 3:2. Goodwill of the firm is valued on that date at OMR 30,000. 1.Calculate the new profit-sharing ratio of Mr. Hashim and Mr. Shakeel. 27:18

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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.