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Ratika is a division manager at a Denver - based consulting firm. She is looking to hire a new entry - level credit risk analyst.

Ratika is a division manager at a Denver-based consulting firm. She is looking to hire a new entry-level credit risk analyst. She would prefer to hire this analyst at $75000 per year. The average rate her division pays is $85000 per year. The maximum rate she is willing to pay is $89500 per year which would typically only be offered to someone with several years of experience. The most recent candidate interviewed revealed that they just received an offer from Booz Allen Hamilton for $81500 per year
a. What is the minimum salary the candidate should accept?$
b. What is the maximum salary Ratika should accept? $
c. Which salary value is not needed when trying to establish the range of this negotiation?
Ratika's highest rate
Ratika's preferred rate
The average rate of pay for the division
The offer from Booz Allen Hamilton
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