Issuance of materials on may 7, bergan company purchased on account 10,000 units of raw materials at $8 per unit. during may, raw materials were requisitioned for production as follows: 7,500 units for job 200 at $8 per unit and 1,480 units for job 305 at $5 per unit. journalize the entry on may 7 to record the purchase.

Global tek plans on increasing its annual dividend by 15 percent a year for the next four years and then decreasing the growth rate to 2.5 percent per year. the company just paid its annual dividend in the amount of $.20 per share. what is the current value of one share of this stock if the required rate of return is 17.4 percent? $1.82 $218 $2.03 $2.71 $3.05