Standlar company makes wireless speakers. the standard model price is $360 and variable expenses are $210. the deluxe model price is $500 and variable expenses are $300. the superior model price is $1,600 and variable expense per unit is $600. total fixed expenses are $300,000. generally, standlar sells 8 standard models and 4 deluxe models for every superior model sold. what is the number of standard models sold at break-even?

a. 1,000
b. 180
c. 250
d. 100
e. 800

What does the phrase limited liability mean in a corporate context?

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?