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Answer questions 1-2 complete and correct for thumbs up! Additional information: 1. Net income for the year ending December 31,2022 was $46,000. 2. Cash dividends
Answer questions 1-2 complete and correct for thumbs up!
Additional information: 1. Net income for the year ending December 31,2022 was $46,000. 2. Cash dividends of $26,000 were declared and paid during the year. 3. Long-term investments that had a cost of $39,000 were sold for $25,000. 4. Sales for 2022 were $131,000. 5. No equipment was sold during the year. Prepare a statement of cash flows for the year ended December 31, 2022 using the indirect method. (Showc flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000). Adjustments to reconcile net income to $ I Martinez Corporation manufactures mountain bikes. It has fixed costs of $3,974,400. Martinez's sales mix and unit contribution margin are shown as follows: Compute the number of each type of bike that the company would need to sell in order to break even under this product mix. (Round unit contribution margin to 2 decimal places, eg. 52.75.) Green Demon bikes Brown Beast bikes Blue Bear bikes Step by Step Solution
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