Ivanhoe Company purchased merchandise on account from Office Suppliers for $ 75,000, with terms of 1/10, n/30. During the discount period, Ivanhoe returned some merchandise and paid $ 63,756 as payment in full. Ivanhoe uses a perpetual inventory system. Prepare the journal entries that Ivanhoe Company made to record the: (1) purchase of merchandise. (2) return of merchandise. (3) payment on account.

The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is