Rainbow Paints operates a chain to retail paint stores. Although the paint is sold under the Rainbow label, it is purchased from an independent paint manufacturer. Guy walker, president of Rainbow paints, is studying the advisability of opening another store. His estimates of monthly costs for the proposed location are:
Fixed costs:
Occupancy costs $ 3,160
Salaries 3,640
Other 1,200
Variable costs (including cost of paint) $ 6 per gallon
Although Rainbow stores sell several different types of paint, monthly sales revenue consistency averages $10 per gallon sold
Required:
a. Walker thinks that the proposed store will sell between 2,200 and 2,600 gallons of paint per month. Compute the amount of operating income that would be earned per month at each of these sales volumes.

What happens when a bank is required to hold more money in reserve?

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (