You consider buying a share of stock at a price of $31. the stock is expected to pay a dividend of $2.58 next year, and your advisory service tells you that you can expect to sell the stock in 1 year for $34. the stock's beta is 0.8, rf is 5%, and e[rm] = 15%. what is the stock's abnormal return?

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?