The comparative balance sheets for Bonita Industries show these changes in noncash current asset accounts: accounts receivable decreased $75,000, prepaid expenses increased $23,000, and inventories increased $35,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $181,000. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000).) Bonita Industries Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to 12:42 PM 4/25/2020 5. F6 F7 F8 PrtSc Insert Delete 44 F9 F10 F11 F12 4 Backspace Num Lock Home к L. 11 11 + %24

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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.