Provide the missing data in the following table for a distributor of martial arts products (Round "Turnover" and "ROI" answers to 1 decimal place.) Alpha Division Oravo Division Charlie Division Sales $ 307.500 30.750 Net operating income 41,400 Average operating assets Margin Tumover Return on investiment (ROI) $ 368,000 5% 50 25.0% 160%

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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.