Question
Question 1 (20 marks) Explain the efficient market hypothesis and its three forms. (5 marks) Coscharis Travels operates in Queensland a fleet of buses. The
Question 1 (20 marks)
- Explain the efficient market hypothesis and its three forms. (5 marks)
- Coscharis Travels operates in Queensland a fleet of buses. The business reported the following financial data over a 5-year period.
Table 1: Coscharis Travels financial data
|
| 2017 | 2018 | 2019 | 2020 | 2021 |
| Income | 750010 | 867124 | 947652 | 457832 | 645342 |
| Expenses | 352987 | 342187 | 341097 | 320567 | 330987 |
| Profit | 243576 | 251343 | 267098 | 178022 | 198342 |
i. Prepare a trend analysis and graph it using 2017 as the base year (3 marks) ii. Discuss the trends with regards to the impact of the pandemic on the operations of the travel company (3 marks)
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
9780073526706
