On December 3, Ter Company purchased inventory listed at P4,300 from Yup Corporation. Terms of the purchase were 3/10, n/20. Ter Company also purchased inventory from Yup Company on December 10 for a list price of P3,750. Terms of the purchase were 3/10, n/30. On December 16, Ter Company paid both suppliers for these purchases. If Ter Company uses the net method of recording purchases, the journal entry to record the payment on December 16 will include A debit to Accounts payable of P8,050 b. A debit to Purchase Discounts Lost of P129 c. A credit to Purchase Discounts of P112.50 d. A credit to Cash of P7,937.50 a.

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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.