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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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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