Create & Sell Manufacturing Inc. uses a Kanban system for a component. The daily demand is 175 units. Each container has a combined waiting and processing time of 0.20 days. If the container size is 10 brackets and the safety factor is 11 percent, how many Kanban card sets should be authorized? a. 2 Kanban cards b. 4 Kanban cards c. 6 Kanban cards d. 7 Kanban cards

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?