Read the attachment and answer the questions.
1. Was Reiss successful? (Prepare an income statement for R&R)
2. How much capital does Reiss risk to pursue the opportunity? (Calculate how much money it takes to make the opportunity happen and how much Reiss invests)
3. Why does Reiss risk so little capital? (Look at who pays the costs)
4. Would this approach have worked for other entrepreneurs? (Compare what Reiss did to what other entrepreneurs or established companies might have done to pursue the same opportunity - hint: refer to the "institutions" module)
Attachment:- R&R.pdf