1. Stride Along has total assets of $385 million. Itstotal liabilities are $100

1. Stride Along has total assets of $385 million. Itstotal liabilities are $100 million and its equity is$285. Calculate its debt ratio.2. A company had $9000000 in net income for the year. Itsnet sales were $13200000 for thesame period. Calculate its profit margin.3. On April 30 Holden Company had an Account Receivablesbalance of $18000. During the monthof May total credits to Accounts Receivable were $52000from customer payments. The May31 Accounts Receivable balance was $13000. What was theamount of credit sales during May?